03/11/16 06:36
(http://www.klassa.bg/)

Working day adjusted Industrial Production Index in Bulgaria in Jan 2016 3% up y/y

 According to the preliminary data the Industrial Production Index, seasonally adjusted, increased by 0.8% in January 2016 as compared to December 2015 Bulgaria’s National Statistical Institute (NSI) announced on Thursday.
In January 2016 working day adjusted Industrial Production Index rose by 3.0% in comparison with the same month of 2015.

Monthly comparisons
In January 2016 as compared to December 2015, the seasonally adjusted Industrial Production Index increased in the electricity, gas, steam and air conditioning supply by 4.1% and in the mining and quarrying industry by 2.7%, while in the manufacturing a decrease by 0.3% was seen.
The most significant decreases of production in the manufacturing were registered in the manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials by 7.1%, in the manufacture of other transport equipment by 5.6%, in the manufacture of paper and paper products by 4.6%, in the manufacture of other non-metallic mineral products by 3.9%. There were increases in the manufacture of fabricated metal products, except machinery and equipment by 22.2%, in the manufacture of computer, electronic and optical products by 19.2%, in the printing and reproduction of recorded media by 11.6%, in the manufacture of beverages by 9.9%.

Annual comparisons
On annual basis in January 2016 Industrial Production Index calculated from working day adjusted data increased in the mining and quarrying industry by 8.4% and in the manufacturing by 5.2%, while in the electricity, gas, steam and air conditioning supply a decrease by 4.8% was registered.
In the manufacturing, the more significant increases compared to the same month of the previous year were seen in the manufacture of fabricated metal products, except machinery and equipment by 49.3%, in the manufacture of computer, electronic and optical products by 25.4%, in the printing and reproduction of recorded media by 18.6%, in the manufacture of beverages by 10.0%. Decreases were registered in the manufacture of other transport equipment by 22.8%, in the manufacture of basic metals by 17.4%, in the manufacture of leather and related products by 8.7%, in the manufacture of chemicals and chemical products by 6.7%.

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