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Bulgaria's Manufacturing Increased in February - NSI

Business » INDUSTRY | April 8, 2014, Tuesday // 13:12| Views: 4443 | Comments: 0
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Bulgaria: Bulgaria's Manufacturing Increased in February - NSI

Industrial production in February increased by 0.7% compared to January and by 6.5% on an annual basis, according to data released by Bulgaria's National Statistical Institute.

In February 2014 as compared to January 2014, the seasonally adjusted Industrial Production Index increased in the manufacturing by 3.0%, while decreases were registered in the mining and quarrying industry by 16.7% and in the electricity, gas, steam and air conditioning supply by 8.1%, according to NSI's preliminary data.

The most significant increases of production in the manufacturing were registered in the manufacture of beverages by 10.2%, in the manufacture of chemicals and chemical products by 9.1%, in the manufacture of other non-metallic mineral products by 7.9%, in the manufacture of tobacco products by 6.4%, in the manufacture of motor vehicles, trailers and semi-trailers by 5.1%.

There was decrease in the manufacture of computer, electronic and optical products by 9.7%, in the manufacture of machinery and equipment by 4.5%, in the manufacture of basic pharmaceutical products and pharmaceutical preparations by 4.1%.

On annual basis in February2014 the Industrial Production Index, calculated from working day adjusted data, increased in the electricity, gas, steam and air conditioning supply by 8.0% and in the manufacturing by 7.2%, while in the mining and quarryingi ndustry a decrease by 0.2% was seen.

In the manufacturing, the more significant increases compared to the same month of the previous year were seen and in the manufacture of motor vehicles, trailers and semi-trailers by 45.8%, in the manufacture of basic metals by 20.9%, in the manufacture of fabricated metal products, except machinery and equipment by 18.9%, in the manufacture of other non-metallic mineral products by14.1%.

Decreases were registered in the manufacture of computer, electronic and optical products by 13.4%, in the manufacture of other transport equipment by 6.6%, in the repair and installation of machinery and equipment by 2.9%.

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Tags: industrial production, National Statistical Institute, NSI, manufacturing, manufacture
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