Industrial production rise slows to 4.4 percent in March

Industrial production advanced by 4.4 percent in March compared with the same month a year earlier, taking account of the number of working days, and by 10.9 percent when the difference was not factored in. Month-on-month there was a decrease 0.4 percent. The value of new orders rose by 15.1 percent compared with March 2016 with the value of domestic new orders slightly outstripping foreign demand.

Author: Chris Johnstone