In May, industrial output added 0.9% over the same month last year in working-day adjusted terms. The print was up from the revised 0.5% increase observed in April (previously reported: +0.3% year-on-year) and marked the second consecutive positive reading after three consecutive contractions. The expansion was underpinned by healthy growth in manufacturing production, while the energy production sector contracted, yet at a slower pace. A month-on-month assessment, however, does not confirm the acceleration suggested by the annual figures, as industrial production grew a seasonally adjusted 0.9% over the previous month, which was well below the 2.1% expansion observed in April. The trend, however, continues to suggest a slowdown in the industrial sector, with annual average growth in industrial production falling from a 1.6% in April to a 1.0% in May.
Industrial production gains momentum in May
July 6, 2012
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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.