CBS: Industrial output up

The Central Bureau of Statistics  reported that industrial output rose by an annualized 9.8% in December 2009-February 2010
 
The Central Bureau of Statistics (CBS) reported last week that industrial output rose by an annualized 9.8% in December 2009-February 2010. (For all of 2009, production declined 5.9 percent compared with a 7.4 percent increase in 2008).
 
The CBS noted that industrial output, excluding high tech, rose by an annualized 13.1% over the same period.
 
Industrial output was 1.2% lower in February 2010 than in January 2010, but high-tech output was unchanged.
 
The number of jobs in industry rose by 3.1% in December-February, and the number of work-hours rose by 6.4%.
 
)In percent; month-on-month change; seasonally adjusted(
 
            Feb 2010           Jan 2010           * Feb 2009
Total mfg output+0.9      +2.3      -0.3
High tech output            +0.3      +3.4      +4.4