In April, industrial production added 0.3% over the same month last year in working-day adjusted terms. The result contrasted the revised 3.1% contraction recorded in March (previously reported: -3.2% year-on-year), and thus marked a return to positive growth in industrial output for the first time this year. The result came on the back of stronger manufacturing growth, which more than offset contractions in the mining and quarrying as well as energy production sectors. A month-on-month comparison corroborates the positive reading shown by the annual figures, as industrial production rose 1.5% over the previous month in seasonally adjusted terms, which was virtually unchanged from the 1.6% increase observed in March. The trend, however, continues to point downwards, with annual average growth in industrial production decelerating from a 2.3% increase in March to a 1.6% expansion.
Industrial output returns to growth
June 7, 2012
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Bulgaria Industry Chart
Note: Year-on-year changes of working-day adjusted and annual average variation of industrial production index in %.
Source: National Statistical Institute (NSI).
Bulgaria Economic News
October 12, 2016
In September, consumer prices decreased 0.5% from the previous month, which followed the 0.1% decline recorded in August.
October 7, 2016
In August, industrial production grew 2.6% from the same month last year in working-day adjusted terms, accelerating from July’s 2.3% increase.
September 13, 2016
In August, consumer prices decreased 0.1% over the previous month, which contrasted the sharp 1.0% increase recorded in July.
September 5, 2016
Revised data released on 5 September confirmed that the economy expanded 3.0% over the same period last year in Q2.
August 12, 2016
In the second quarter, the economy expanded 3.0% over the same period last year, according to preliminary data released on 12 August.