Bulgaria’s Industrial Production Index Rises 2.5% Y/Y in April

Bulgaria’s industrial production index adjusted for the number of working days rose by 2.5% year-on-year in April 2016, the National Statistical Institute (NSI) has said.

The industrial production index decreased by 0.1% month-on-month in April, according to seasonally adjusted preliminary data, the NSI said in a monthly survey published on Tuesday.

In April 2016, the industrial production index increased by 4.9% year-on-year in the manufacturing sector and by 2.5% in the mining and quarrying industry. The index measuring production in the energy sector (electricity, gas, heating energy) decreased by 6.8% year-on-year.

Within the manufacturing sector, the production of metal products (less machines and equipment) rose most, increasing by 40.8% on the year in April. Manufacturing of transport equipment rose by 29.3%, production of textiles was 15.9% higher, and an increase of 12.5% was registered in the manufacturing of paper and paper products.

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