Manufacturing Up But Production Trend Is Down

The index of manufacturing rose by 0.3% in January 2012 compared with 2011 while the overall index of production fell by 3.8% over the same period. On the monthly comparison manufacturing rose by 0.1% while total production fell by 0.4%. Mining and quarrying fell by 21.3% on the annual comparison and energy supply fell by 9.3%. Capital goods were up 4.2%.