BULGARIAN ECONOMY
Bulgaria’s industrial production index increases in November 2016
According to the preliminary data the Industrial Production Index, seasonally adjusted, increased by 1.6% in November 2016 as compared to October 2016, the National Statistical Institute (NSI) said. In November 2016 the working day adjusted Industrial Production Index rose by 4.3% in comparison with the same month of 2015.
In November 2016 as compared to October 2016, the seasonally adjusted Industrial Production Index increased in the manufacturing by 2.4% and in the mining and quarrying industry by 2.2%, while in the electricity, gas, steam and air conditioning supply a decrease by 1.3% was seen.
The most significant increases of production in the manufacturing were registered in the manufacture of fabricated metal products, except machinery and equipment by 16.8%, in the manufacture of tobacco products by 12.8%, in the manufacture of machinery and equipment by 9.6%, in the manufacture of basic pharmaceutical products and pharmaceutical preparations by 9.0%. There were decreases in the manufacture of wearing apparel by 7.1%, in the manufacture of chemicals and chemical products by 6.4%, in the manufacture of wood and products from wood and cork, except furniture; manufacture of articles of straw and plaiting materials by 4.6%, in the manufacture of beverages by 3.7%.
Source: National Statistical Institute
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