The Index of Industrial Production (IIP) has increased by 2.3 percent in May 2017 compared to the same month in 2016.
Among the manufacturing industries; Volume of products of ‘Fabricated Metal Product’ (21.6%),‘Furniture’ (15.4%) and ‘Basic metal products’ (14.0%) have shown remarkable increases in May, 2017 compared to that of May, 2016 while the volume of food products has increased by 0.1 percent.
The manufacturing industries;Volume of ‘Chemical and Chemical products’, ‘Tobacco product’ and ‘Beverages’ reported decreases by 21.0 percent, 6.1 percent and 5.7 percent respectively during this period.