Industrial production index up 4% in Q4 2007

The industrial production price index increased by 4.7% in the fourth quarter of 2007, compared to the same period in 2006.

This performance, said a press release of the Higher Commissioner for Planning (HCP), is ascribed to an increase in clothing and furs industry (+16.2%), tobacco industry (+14.5%), wood industry (+8.8%), publishing and printing products (+17.7%), rubber and plastics industry (+31.2%), non-metallic products (+3.2%), and car industry (+38.6%).

However, the HCP highlighted decreases in textile industry production (-3.3%), paper and paperboard industry (-2.7%), radio, television and communication equipments (-9.6%) and in medical instruments (-3.7%).