The Industrial Production Index, seasonally adjusted, increased by 1.1% in December 2014 as compared to November 2014, according to the preliminary data of the National Statistical Institute (NSI).
In December 2014 working day adjusted Industrial Production Index rose by 0.9% in comparison with the same month of 2013.
In December 2014 as compared to November 2014, the seasonally adjusted Industrial Production Index increased in the mining and quarrying industry by 2.1%, in the electricity, gas, steam and air conditioning supply by 1.1% and in the manufacturing by 1.0%.
The most significant increases of production in the manufacturing were registered in the manufacture of basic metals by 11.4%, in the manufacture of basic pharmaceutical products and pharmaceutical preparations by 8.6%, in the manufacture of tobacco products by 7.3%, in the manufacture of textiles by 5.6%, in the manufacture of motor vehicles, trailers and semi-trailers by 5.2%.
On annual basis in December 2014 Industrial Production Index calculated from working day adjusted data increased in the manufacturing by 6.8% while decreases were seen in the mining and quarrying industry by 15.3% and in the electricity, gas, steam and air conditioning supply by 3.1%.
In the manufacturing, the most significant increases compared to the same month of the previous year were seen in the manufacture of motor vehicles, trailers and semi-trailers by 53.9%, in the manufacture of fabricated metal products, except machinery and equipment by 26.2%, in the manufacture of leather and related products by 21.2%, in the manufacture of basic pharmaceutical products and pharmaceutical preparations by 18.7%, in the manufacture of textiles by 14.8%, in the manufacture of tobacco products by 13.7%.