Industrial Production in Bulgaria Down 1.5% MoM in February

Business » INDUSTRY | April 10, 2018, Tuesday // 14:22| Views: | Comments: 0
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Bulgaria: Industrial Production in Bulgaria Down 1.5% MoM in February Източник: pixabay

According to the preliminary data the Industrial Production Index , seasonally adjusted , decreased by 1.5% in February 2018 as compared to January 2018. In February 2018 working day adjusted4 Industrial Production Index went down by 1.0% in comparison with the same month of 2017. This is according to data by the National Statistical Institute (NSI). 

In February 2018 as compared to January 2018, the seasonally adjusted Industrial Production Index rose in the electricity, gas, steam and air conditioning supply by 1.4%, while the production decreased in the mining and quarrying industry by 4.3% and in the manufacturing by 3.2%.

The most significant production decreases in the manufacturing were registered in the manufacture of other non-metallic mineral products by 9.2%, in the manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials by 9.1%, in the printing and reproduction of recorded media by 8.2%, in the manufacture of food products by 7.0%. There were increases in the manufacture of tobacco products by 14.1%, in the manufacture of leather and related products by 8.5%, in the manufacture of other transport equipment by 4.0%.

On annual basis in February 2018 Industrial Production Index calculated from working day adjusted data rose in the manufacturing by 1.0%, while the production fell in the mining and quarrying industry by 14.2% and in the electricity, gas, steam and air conditioning supply by 2.3%.

In the manufacturing, the more considerable increases compared to the same month of the previous year were registered in the manufacture of other transport equipment by 62.2%, in the manufacture of motor vehicles, trailers and semi-trailers by 15.8%, in the repair and installation of machinery and equipment by 11.5%, in the manufacture of furniture by 10.3%.

Decreases were seen in the manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials by 18.7%, in the manufacture of textiles by 10.4%, in the manufacture of chemicals and chemical products by 7.9%, in the printing and reproduction of recorded media by 7.8%.

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Tags: Industrial Production Index, National Statistical Institute (NSI), manufacturing, plaiting, furniture, materials
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