Bulgarian Industrial Output Falls 19% in January 2009
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%.
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