Industrial production down 5.2 pct in Jan

Industrial production fell 5.2 pct in January, reflecting a 4.5 pct decline in manufacturing production, Hellenic Statistical Authority said on Friday.

The statistics service, in a report, said the industrial production composite index fell 5.2 pct in the first month of 2011, compared with the same month last year, after recording a 3.9 pct decline in January 2010. The statistics service attributed this development to a 0.1 pct rise in mining production, a 4.5 pct decline in manufacturing production (32.7 pct drop in leather-footwear, 14.3 pct decline in oil products, 19.9 pct fall in textiles, 11.1 pct decline in clothing and 10.1 pct fall in furniture). The electricity production index fell 8.2 pct and the water production index eased 4.8 pct.

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