IPI slumps 20.2% in Jan

Summary

The Industrial Production Index (IPI), which indicates industrial output, slumped -20.2% in January compared to a year ago due to decreases in all its component indices.

Month-on-month, the IPI was down -4.5%.

Manufacturing -26.7%
Mining -6.1%
Electricity -12.4%.

Petroleum, chemical, rubber and plastic products subsector -17.1%
Electrical and electronic products -45.3%
Food, beverages and tobacco -15.2% year-on-year
Non-metallic mineral products, basic metal and fabricated metal products -24.8%
Transport equipment and other manufactures -16.8% year-on-year
Wood products, furniture, paper products and printing -20.3%
Textiles, wearing apparel, leather products and footwear -23.3%