Bulgaria's Industrial Production up by 1.5% September 2011 Y/Y

Bulgaria's Industrial Production up by 1.5% September 2011 Y/Y

Preliminary data released Monday by the Bulgarian National Statistics Institute, NSI, showed that Bulgaria's seasonally adjusted Industrial Production Index was up by 1.0% in September 2011 as compared to August 2011.

In September 2011, Bulgaria's working day-adjusted Industrial Production Index rose by 1.5% year on year.

In September 2011 as compared to August 2011, the seasonally adjusted Industrial Production Index in the country's mining and quarrying industry increased by 10.2%. Manufacturing increased by 3.7%, while electricity, gas, steam and air conditioning supply decreased by 7.2%.

The most significant increases in manufacturing production were seen in the repair and installation of machinery and equipment - by 40.8%; and in the manufacture of fabricated metal products (except machinery and equipment) - by 14.7%.

On an annual basis, September 2011's Industrial Production Index, calculated from working day adjusted data in the mining and quarrying industry grew by 7.7%. The index for manufacturing increased by 2.7%, while electricity, gas, steam and air conditioning supply saw a decrease by 5.1%

Increases were registered in the production of investment goods by 14.1%, in the production of energy by 2.1% and in the production of intermediate goods by 0.4%.

According to the preliminary data of the NSI, the September 201 index of production in the construction sector, calculated on the base of seasonally adjusted data, was 0.7% below the level of the previous month.

In September 2011 working day adjusted data showed a decrease by 11.6% in Bulgaria's construction production compared to the same month of 2010. (Source: Sofia News Agency)

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