Bulgarian Industrial Output Falls 19% in January 2009

Business » INDUSTRY | March 10, 2009, Tuesday // 00:00
Bulgaria Bulgarian Industrial Production Registers Decrease for Fourth Time: Bulgarian Industrial Output Falls 19% in January 2009 The industrial output index is mainly determined by the indicators of the processing industry, which dropped by 21,4% in January, compared to December 2008. Photo by BGNES

Bulgaria's industrial output fell by 19% in January 2009 month-on-month, after rising by a monthly 1.7% in December, preliminary data of the National Statistics Institute (NSI) showed on Tuesday.

This is the fourth drop in a row, causing the index to go below the 2006 levels.

The industrial output index is mainly determined by the indicators of the processing industry, which dropped by 21,4% in January, compared to December 2008. There is a 66,5% decrease in the production of metal goods, excluding machines and appliances. In the production of non-metal goods the drop is by 42,1%, and in the food processing industry by 24,8%.

The pharmaceutical industry registered an increase of 211,2%.

In January 2009, industrial production decreased by 13,3% compared to January 2008.

In January 2009 the turnover of industrial production registered a 30,4% decrease compared to December 2008, and the production of electrical and heat energy, and gas-like fuels dropped by 7,6%.

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: industrial, output, turnover
Advertisement
Advertisement
Expats.bg All Are Welcome! Join Now!
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