5.2 C

Copper Mining Stocks Record 7% Monthly Rise in January



Over the same period, manufacturing and commercial inventories fluctuated by 0.6% and -1.4%, respectively.

The National Institute of Statistics (INE) announced that in January 2023 the Copper Mining Inventories Index (IIMCu) will 7.0% increase Month-to-month basis.

This, he explained, rising copper mining products, This had an impact of 6.826 percentage points, with industry input contributing 0.189 percentage points to the index’s result. “

on the other hand, The Manufacturing Inventories Index (IIMan) showed a monthly increase of 0.6%.

Six of the 18 divisions or groups of divisions that make up the index have increased compared to December 2022.

Most affected were food at 1,138 percentage points, INE said.

Finally, and vice versa, The Trade Inventory Index (IICom) decreased by 1.4% compared to December 2022. due to the fact that the three divisions that make up the index had a negative impact. wholesale trade, -1,196 percentage points. retail business -0.127 percentage points, and car trade -0.079 percentage points.

Source: Biobiochile

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