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In March, industrial production in Bulgaria came out of the trend of steady decline for the first time since September 2009. Photo by BGNES
In March 2010, Bulgaria's industrial production is up 1.7% year on year, data published Monday by the National Statistics Institute (NSI) shows.
This is the first increase (1.7%) of the index since September 2009, when the increase was 2.7%. (In October 2009, the industrial index slumped 16.1% year on year, in November – 10.8%, December - 12.1%, January – 0.9% and February – 9.1%.
In the manufacturing industry the production is up 6.3%; mining is up nearly 5% while production and distribution of electric power is down nearly 10%.
The production of energy products registers a 9% decrease, the one of products for intermediate consumption is up 5.5%; and investment products are up 17.5%.
Compared to February 2010, in March industrial production is up 21%, with a 3% decrease in the production and distribution of electric power, 35% increase in the manufacturing industry and an increase of 7% in the mining industry.
NSI registers an increase of nearly 100% in the production of tobacco products, 67% - in the production of beverages, 38% in the production of chemicals. From all sectors of the manufacturing industry, only the production of shoes and the processing of leather are down 11%.
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