Bulgaria's Industrial Production Up By 5% in April – Eurostat

Business » INDUSTRY | June 12, 2014, Thursday // 14:13
Bulgaria: Bulgaria's Industrial Production Up By 5% in April – Eurostat File photo.

According to Eurostat data, Bulgaria's industrial production recorded significant increase of 1.4% on a monthly basis in April overcoming the drastic decrease of 1.5% in March.

On an annual basis, Bulgarian industrial production showed positive results in April with 5.0% increase which is above the average industrial growth in the EU.

In April 2014 compared with March 2014, seasonally adjusted industrial production rose by 0.8% in the euro area and by 0.7% in the EU, according to the estimates from Eurostat.

In March 2014 industrial production fell by 0.4 % and 0.3 % respectively, the latest data by the statistical office of the European Union showed.

In April 2014 compared with April 2013, industrial production grew by 1.4 % in the euro area and by 2.1 % in the EU. The increase of 0.8 % in industrial production in the euro area in April 2014, compared with March 2014, is due to production of energy rising by 2.5 %, non - durable consumer goods by 2.1 % and intermediate goods by 0.6 %, while durable consumer goods and capital goods remained almost stable.

In the EU, the increase of 0.7 % is due to production of energy rising by 1.8%, non-durable consumer goods by 1.4 %, durable consumer goods by 0.7%, intermediate goods by 0.6% and capital goods by 0.4%.

We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!

Industry » Be a reporter: Write and send your article
Tags: eurostat, industrial production, Euro Area, EU, European Union

Advertisement
Advertisement
Bulgaria news Novinite.com (Sofia News Agency - www.sofianewsagency.com) is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." Novinite.com (Sofia News Agency - www.sofianewsagency.com) and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria