Bulgaria’s Industrial Production Index Increases in December

Bulgaria’s industrial production index increased by 0.5% month-on- month in December 2015 and was 1.6% higher on the year, according to preliminary data, the country’s statistics office said on Monday.

In a sector breakdown, the seasonally adjusted industrial production index increased by 1.9% month-on-month in the energy sector, the National Statistical Institute (NSI) said in a statement. The index rose in the mining and quarrying industry by 0.7% and was 0.1% higher in the manufacturing sector.

The industrial production index adjusted for the number of working days rose by 4.5% on the year in December 2015 but decreased by 4.2% in the energy sector and was 1.4% lower in the mining and quarrying industry.

The index measures the average change in the value of production between two points in time.