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Industrial output dropps 1.6 pct as gross series in January-August 2019 (INS)

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Industrial output dropped 1.6 per cent in the first eight months of this year, as gross series, and 1.9 per cent, as adjusted series depending on the number of business days and seasonality, against the same period of 2018, according to data released on Monday by the of Statistics (INS).  Thus, industrial output (gross series) dropped 1.6 per cent in January 1 - August 31 2019, compared with the same interval a year before, due to drops recorded in the drilling industry (-2.4 per cent), output and supply of electricity and heat, gas, hot water and air conditioning (-2.2 per…

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