Bulgaria's Industrial Production Index Down 1% M/M in December 2013

Business | February 7, 2014, Friday // 12:26| Views: 1022 | Comments: 1
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According to preliminary data of Bulgaria's National Statistical Institute (NSI), the seasonally adjusted Industrial Production Index decreased by 1.0% on the month in December 2013.

In December 2013, the working day adjusted Industrial Production Index fell by 1.0% on the year.

In December 2013, the seasonally adjusted Industrial Production Index decreased by 1.5% month-on-month in the sphere of manufacturing, while monthly increases were registered in the spheres of mining and quarrying industry by 14.6% and electricity, gas, steam and air conditioning supply by 2.3%.

The most significant decreases in the sphere of manufacturing were registered in the production of computer, electronic and optical products by 22.0%, the production of fabricated metal products, except machinery and equipment, by 21.5%, the production of other transport equipment by 13.1%, the production of motor vehicles, trailers and semi-trailers by 12.3%, the production of wood and of products of wood and cork, except furniture; the production of articles of straw and plaiting materials by 10.8%.

Increases were also registered in the production of tobacco products by 17.8%, in the repair and installation of machinery and equipment by 8.9%, in the printing and reproduction of recorded media by 8.6%.

In December 2013, Industrial Production Index, calculated from working day adjusted data, decreased by 11.5% on an annual basis in the sphere of electricity, gas, steam and air conditioning supply, while year-on-year increases were registered in the mining and quarrying industry by 12.8% and in the manufacturing by 1.9%.

Significant annual increases in manufacturing were registered in the production of beverages, up by 18.7%, the production of rubber and plastic products and the production of motor vehicles, trailers and semi-trailers by 16.3%, and the production of of machinery and equipment by 14.9%.

Year-on-year decreases were registered in the production of other transport equipment by 21.9%, in the repair and installation of machinery and equipment by 13.2%, in the production of fabricated metal products, except machinery and equipment, by 8.9%, in the production of electrical equipment by 7.8%.

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Tags: National Statistical Institute (NSI), Industrial Production Index
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» To the forumComments (1)
#1
George Zheliazkov - 8 Feb 2014 // 07:25:56

Obviously the Balkans is stubborn mentality region but Bulgaria should try again to understand that its industrial production would sell way better in Asia. Therefore if the focus for trade shifts towards Asia the industrial production has the opportunity to INCREASE!
Some people and nations sure get the point but apparently BG presently is trying to be “European”…

http://en.ria.ru/politics/20140207/187265937/Russian-Chinese-Leaders-to-Meet-Five-Times-in-2014.html