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HomeTop StoriesIndustrial production increases by 4.4% in July and returns to positive figures

Industrial production increases by 4.4% in July and returns to positive figures

The National Institute of Statistics (INE) announced that the General Index of Industrial Production (IPI) increased by 4.4% in July, compared to the same month of 2023. This rate represents 8.7 points more than in June.

The July data show the strongest increase since April this year (+12.4%) and the most pronounced in a July since 2015. With the above. Industrial production returns to positive interannual rates after recording a decrease of 4.3% in June.

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Katy Sprout
Katy Sprout
I am a professional writer specializing in creating compelling and informative blog content.
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