Bulgaria Industry


Industrial production rebounds in December

In December, industrial output grew 4.1% over the same month the previous year in working-day adjusted terms. The print contrasted the 2.1% contraction observed in November and was driven by a rebound in manufacturing as well as a sharp increase in energy production.

A month-on-month assessment corroborates the improvement suggested by the annual figures, as industrial production expanded a seasonally adjusted 2.4% over the previous month, which marked an acceleration compared to the 1.8% increase recorded in November.

In the full year 2012, industrial production contracted 0.9%, which contrasted the 5.9% expansion recorded in 2011.


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Bulgaria Industry Chart

Bulgaria Industry December 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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