The latest figure was marked as the third consecutive month of decline, as output shrank in most of the sub-indices, including; manufacturing (-6.9%), electricity, gas, steam & air conditioning supply (-9.3%), and electricity, gas, steam & air conditioning supply (-5.8%).

On the other hand, output slowed for mining & quarrying (3.8%).

On a seasonally adjusted monthly basis, production increased 0.8% in February, rebounding from a 1.5% fall in the previous month.