The Mozambican National Statistics Institute (INE) has overcome a challenge by publishing indexes for Industrial Production and Industrial Production Prices, the head of the department for Statistics on Goods and the Environment said Friday in Maputo.
According to daily newspaper Notícias, Camilo Amade said that the challenge had been to produce and publish short term indicators, in this case for the industrial sector.
Amade added that the information for these statistics was produced based on international standards, specifically the Classification of Economic Activities Review 2 (CAE – Ver 2), as well as calculation methods, for which INE gathered data from 312 companies selected as a sample from a total of 2760 companies across the country.
The statistics published Friday said that the Industrial Production Index (IPI) in December posted a year on year change of 10.7 percent, compared to 11.5 percent in November (the analysis compares the year-on-year changes in the previous three months).
INE also said that the IPI had been on a downward trajectory since August 2012 and reached a minimum in October, and then posted growth once again. (macauhub)