| Industrial Production Indicator | Variable Dependent Indicator | Variable Dependent Oil Price | ||
| ADF Test | (p-value) | ADF Test | (p-value) | |
| Overall Industry | −3.076 | 0.099 | −2.429 | 0.316 |
| Consumer Durable Goods | −2.683 | 0.211 | −2.870 | 0.151 |
| Intermediate Goods | −3.613 | 0.027 | −2.115 | 0.470 |
| Mining and Quarrying | −1.129 | 0.876 | −2.308 | 0.373 |
| Manufacturing | −3.153 | 0.084 | −2.370 | 0.343 |
| Construction Inputs | −4.474 | 0.004 | −2.884 | 0.161 |