Industrial production down 8.0 pct in March

Industrial production dropped 8.0 pct in March this year, with manufacturing production falling 10.3 pct in the month, Hellenic Statistical Authority said on Tuesday.
The statistics service, in a report, said the industrial production composite index fell 8.0 pct in March after falling by 3.5 pct in March 2010.

The statistics service attributed this decline to: an increase of mining production by 5.5 pct, a decline of manufacturing production by 10.3 pct (reflecting a 33.5 pct drop in clothing, a 21 pct fall in oil production, a 37.1 pct drop in non-metal minerals and a 22.2 pct fall in furniture production), a 4.4 pct decline in electricity production and a 4.6 pct fall in water production.

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