Industrial Production Index Rose by 0.6% in May 2019

Business | July 9, 2019, Tuesday // 11:00
Bulgaria: Industrial Production Index Rose by 0.6% in May 2019 pixabay.com

According to the preliminary data in May 2019 the Industrial Production Index2 , seasonally adjusted3 , remained at the level of April 2019.

In May 2019 the working day adjusted4 Industrial Production Index rose by 0.6% in comparison with the same month of 2018.

In May 2019 as compared to April 2019, the seasonally adjusted Industrial Production Index increased in the mining and quarrying industry by 9.5%, while the production fell in the manufacturing by 0.4% and in the electricity, gas, steam and air conditioning supply by 0.1%.

The most significant production decreases in the manufacturing were registered in the repair and installation of machinery and equipment by 8.4%, in the manufacture of computer, electronic and optical products by 4.4%, in the manufacture of basic metals by 3.9%. Major increases were seen in the manufacture of tobacco products by 15.4%, in the manufacture of leather and related products by 11.3%, in the manufacture of furniture by 7.1%, in the manufacture of chemicals and chemical products by 6.0%.

On annual basis in May 2019 Industrial Production Index calculated from working day adjusted data rose in the mining and quarrying industry by 9.7% and in the manufacturing by 0.9%, while the production went down in the electricity, gas, steam and air conditioning supply by 5.4%.

In the manufacturing, the more considerable increases compared to the same month of the previous year were registered in the printing and reproduction of recorded media by 22.8%, in the manufacture of other transport equipment by 20.4%, in the manufacture of leather and related products by 11.6%, in the manufacture of motor vehicles, trailers and semi-trailers by 10.0%.

Important decreases were seen in the manufacture of basic metals by 16.0%, in the manufacture of fabricated metal products, except machinery and equipment by 14.1%, in the manufacture of furniture by 8.2%, in the manufacture of wearing apparel by 7.3%.

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Tags: industry, manufactiring, furniture, Bulgaria, cigarettes

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