The industry continued to go full speed ahead at the beginningof the year, after last year it had one of the biggestcontributions to the slowing down of economic decline.
The latest statistical data for the industry, January data, camewith good news, confirming the continued upward trend both in termsof turnover and in terms of new orders in the industrialsector.
The industry turnover went up 25.5% in January against thesimilar period of 2010, driven by the growth recorded by themanufacturing industry. New orders in the industrial sector bothfrom domestic and from clients abroad rose by 41.1% in Januaryagainst January of last year.
The figures announced for industrial output also indicate acontinued upward trend.
The National Statistics Institute is set to announce data todayon the progression of industrial output in January.
Industrial output, one of the major indicators in the economy,was a pleasant surprise, speeding up at the end of last year, afterit had showed signs of tiredness in the preceding months. Thecontinued growth of the industrial output year-on-year was largelydriven by foreign demand. But the base effect also had an impact onthe trend of industrial output, considering the declines recordedin 2009.
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