This news article was originally written in Spanish. It has been automatically translated for your convenience. Reasonable efforts have been made to provide an accurate translation, however, no automated translation is perfect nor is it intended to replace a human translator. The original article in Spanish can be viewed at La producción industrial ha descendido un 1,5%, su menor caída en 20 meses
Industrial production has dropped by 1.5%, its minor drop in 20 months
05/02/2010
February 5, 2010
The General index of Industrial production (IPI) fell 1.5% in December of 2009 over the same month of the previous year, its lower decline in 20 months, and a 1.4% to discount the effects of calendar, as reported by the National Institute of statistics (INE).
Thus, industrial production closed 2009 with a moderate decline, the minor fall internual registered since May of 2008, date on which this indicator entered negative with a decrease of 6.5 per cent which was worsening every month until you reach register higher than 20% fall.
The average rate of the IPI stood at - 16.2 per cent in 2009 to 2008, and in - 15.8% excluding the effects of calendar.
