According to flash estimates, the seasonally adjusted industrial production index in Bulgaria increased by 0.9% in May 2012, compared to April 2012.

The preliminary data was released Tuesday by the Bulgarian National Statistics Institute, NSI.

In May 2012, the working day adjusted industrial production index also rose by 0.9%, compared to the same month of 2011.

In May 2012, as compared to April 2012, the seasonally adjusted Industrial Production Index in the mining and quarrying industry increased by 2.6%, in the electricity, gas, steam and air conditioning supply by 1.9% and in the manufacturing by 0.5%.

The most significant increases of production in manufacturing were noted in the manufacturing of chemicals and chemical products - by 22.8%, in the repair and installation of machinery and equipment - by 16.7%, in the manufacturing of fabricated metal products, except machinery and equipment - by 14.0%, in the manufacturing of wood and of products of wood and cork, except furniture; manufacturing of articles of straw and plaiting materials - by 12.3%, in the manufacturing of furniture by 12.0%. There was a decrease in the manufacturing of basic metals - by 15.2%, in the manufacturing of textiles by - 5.9%, in the manufacturing of clothing apparel - by 3.8%.

On annual basis, in May 2012, the industrial production index, calculated from work day adjusted data, in manufacturing increased by 3.9%, while decreases were seen in the mining and quarrying industry - by 13.1% and in the electricity, gas, steam and air conditioning supply - by 7.0%.

Increases were registered in the production of investment goods - by 4.6% and in the production of energy - by 1.0%, while in the production of intermediate goods there was a decrease of 4.3%.

In May 2012, the index of production in the construction sector, calculated on the base of seasonally adjusted data, kept the level of the previous month.

In May 2012, the work day adjusted data showed a decrease of 3.0% in the construction production, compared to the same month of 2011.

In May 2012, the construction production kept the level of the previous month. The index of production of civil engineering, calculated from the seasonally adjusted data, increased by 0.3%, while the production of building construction was same as the one in April.

On an annual basis, in May 2012, the decrease of production in construction, calculated from work day adjusted data, was determined mainly from the negative rate in building construction, down by by 8.2%, while civil engineering rose by 4.4 %

In May 2012, the turnover in retail trade, except of motor vehicles and motorcycles, at constant prices decreased by 0.3% compared to the previous month.

In May 2012, the work day adjusted turnover in retail trade, except of motor vehicles and motorcycles, declined by 1.8% in comparison with the same month of the previous year.

In May, compared to the previous month, the turnover was reduced in almost all economic activities. The decline was the largest in the retail sale of audio and video equipment; hardware, paints and glass; electrical household appliances - by 1.6% and the least in the retail sale of food, beverages and tobacco - by 0.1%. A rising in the turnover was observed in the retail sale of textiles, clothing, footwear and leather goods - by 1.5%.

In May 2012 compared to the same month of 2011, the turnover grew in the retail sale via mail order houses or via Internet - by 11.4%, in the dispensing chemist; retail sale of medical and orthopedic goods, cosmetic and toilet articles - by 3.8%, in the retail sale of food, beverages and tobacco - by 2.2% and in the retail sale of computers, peripheral units and software; telecommunications equipment - by 1.9%. A drop in the turnover was registered in the retail sale of textiles, clothing, footwear and leather goods - by 18.0%, in the other retail sale in non-specialized stores - by 10.0%, in the retail sale of audio and video equipment; hardware, paints and glass; electrical household appliances - by 5.7% and in the retail sale of automotive fuel - by 2.6%.

Seasonal adjustment is a statistical method, which eliminates the seasonal component of time series and it is particularly suitable for long-term comparisons and analysis of the data.

Work day adjustment is an adjustment for variations in monthly data, caused by calendar effects, different number of calendar and work days in the month, and national holydays - for example the presence of more days off in May could contribute to the decline in the production in some activities.

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