It was the seventh consecutive month of declining industrial activity, though at a moderate pace.

The main pressure came from a plunge in electricity, gas, steam & air conditioning supply (-15.5% vs 5% in February).

On the other hand, output decreased slower for manufacturing (-1.1% vs -6.1%) and rebounded sharply for mining & quarrying (6% vs -19.4%).

Monthly, industrial production soared by 14.7%, reversing a downwardly revised 5.2% fall in the previous period.