The preliminary data showed that the Industrial Production Index, seasonally adjusted, increased by 0.7% in February 2014 as compared to January 2014.
In February 2014 working day adjusted Industrial Production Index rose by 6.5% in comparison with the same month of 2013 (that is due to the low production index in February 2013).
Monthly comparisons
In February 2014 as compared to January 2014, the seasonally adjusted Industrial Production Index increased in manufacturing by 3.0%, while decreases were registered in mining and quarrying industry by 16.7% and in electricity, gas, steam and air conditioning supply by 8.1%.
The most significant increases of production in manufacturing were registered in the manufacture of beverages by 10.2%, in the manufacture of chemicals and chemical products by 9.1%, in the manufacture of other non-metallic mineral products by 7.9%, in the manufacture of tobacco products by 6.4%, in the manufacture of motor vehicles, trailers and semi-trailers by 5.1%. There was a decrease in the manufacture of computer, electronic and optical products by 9.7%, in the manufacture of machinery and equipment by 4.5%, in the manufacture of basic pharmaceutical products and pharmaceutical preparations by 4.1%.
Annual comparisons
On annual basis in February 2014 Industrial Production Index, calculated from working day adjusted data increased in the electricity, gas, steam and air conditioning supply by 8.0% and in manufacturing by 7.2%, while in mining and quarrying industry a decrease by 0.2% was seen.
In manufacturing, the more significant increases compared to the same month of the previous year were seen and in the manufacture of motor vehicles, trailers and semi-trailers by 45.8%, in the manufacture of basic metals by 20.9%, in the manufacture of fabricated metal products, except machinery and equipment by 18.9%, in the manufacture of other non-metallic mineral products by 14.1%, in the manufacture of rubber and plastic products by 13.7%, in the manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials by 12.7%. Decreases were registered in the manufacture of computer, electronic and optical products by 13.4%, in the manufacture of other transport equipment by 6.6%, in the repair and installation of machinery and equipment by 2.9%.
Source: National Statistical Institute