Bulgaria Industry


Industrial production drops in September

In September, industrial output fell 1.3% over the same month last year in working-day adjusted terms. The print contrasted the 2.6% increase observed in August and was driven by a contraction in the manufacturing sector. A month-on-month assessment confirms the deterioration suggested by the annual figures, as industrial production contracted a seasonally adjusted 1.8% over the previous month, which contrasted the 0.8% increase recorded in August. As a result, the trend dipped into negative territory, with annual average growth in industrial production swinging from 0.3% in August to minus 0.1% in September, the lowest level since October 2010.


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Bulgaria Industry Chart

Bulgaria Industry September 2012

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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