Bulgaria’s Industrial Production Index Up 0.5% M/M in October

Business | December 8, 2014, Monday // 13:04
Bulgaria: Bulgaria’s Industrial Production Index Up 0.5% M/M in October Bulgaria's National Statistical Institute, photo by BGNES

According to the preliminary data of Bulgaria’s National Statistical Institute (NSI), the Industrial Production Index, seasonally adjusted, increased by 0.5% on the month in October 2014.

In October 2014, the working day adjusted Industrial Production Index went up by 0.4% on the year.

In October 2014,the seasonally adjusted Industrial Production Index registered monthly increases in the mining and quarrying industry by 5.8% and in the supply of electricity, gas, steam, and air conditioning by 3.7%, while in manufacturing a decrease by 0.3% on the month was observed.

The most significant decreases in production in manufacturing were registered in the repair and installation of machinery and equipment by 9.8%, in the production of fabricated metal products, except machinery and equipment by 9.6%, and in the production of machinery and equipment by 4.5%.

The production of other transport equipment increased by 30.6%, the production of chemicals and chemical products added 13.6%, and the production of computer, electronic and optical products went up by 7.4%.

In October 2014, the Industrial Production Index, calculated on the basis of working day adjusted data, increased by 2.3% on the year in manufacturing.

At the same time, the mining and quarrying industry decreased by 8.8% on the year, while the supply of electricity, gas, steam,  and air conditioning fell by 2.7% over the same period.

In manufacturing, the production of motor vehicles, trailers, and semi-trailers went up by 36.3% on the year, the production of chemicals and chemical products added 32.4%, the production of tobacco products increased by 23.2%, and the production of rubber and plastic products added 12.1%.

Decreases were registered in the production of beverages by 13.9%, in the production of fabricated metal products, except machinery and equipment by 6.2%, and in the production of food products by 4.9%.

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

Business » Be a reporter: Write and send your article
Tags: National Statistical Institute, NSI, Industrial Production Index

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