Manufacturer production index grows 4.88% in March
The Central Statistics Agency (BPS) says that large-scale and mid-scale manufacturing industry’s production growth increased by 4.88 percent in the first quarter compared to the same period last year.
However, production dipped compared to the fourth quarter of 2011.
“Based on a quarter-to-quarter basis, large-scale and mid-scale industrial production growth in the first three months of 2012 slid slightly by 0.82 percent,” BPS head Suryamin said here Tuesday.
Suryamin added that on a month-to-month basis, production rose 0.27 percent in March.