Bulgaria Industrial production September 2016

Bulgaria

Bulgaria: Growth in industrial production accelerates in September

In September, industrial production in Bulgaria grew 3.3% from the same month last year in working-day adjusted terms, accelerating from August’s 2.6% increase. September’s result reflected an acceleration in manufacturing. Within the manufacturing category, fabricated metal products registered the highest growth.



A month-on-month comparison showed that industrial production contracted a seasonally-adjusted 0.2% in September, which contrasted the 0.6% expansion registered in the preceding month. Annual average growth in industrial production inched up from 2.0% in August to 2.2% in September, the highest reading in 3 months.

FocusEconomics Consensus Forecast participants see industrial production expanding 2.6% in 2016, which is down 0.1 percentage points from last month’s Consensus. For 2017, panelists see industrial output growing 3.3%.


Author:, Economist

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Bulgaria Industrial production Chart


Bulgaria Industry September 2016

Note: Year-on-year changes of working-day adjusted and annual average variation of industrial production index in %.
Source: National Statistical Institute (NSI).


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