In December, industrial production contracted 0.6% over the same month the year before in working-day adjusted terms. The result contrasted the revised 1.1% expansion recorded in November (previously reported: +0.6% year-on-year), and marked the first negative reading since April 2010. A month-on-month comparison corroborates the contraction shown by the annual figures, as industrial production declined 1.3% over the previous month in seasonally adjusted terms, following the 0.5% drop observed in November. For the full year 2011 industrial production expanded 4.9%, which was above the 2.0% increase in 2010. According to Bulgarian Finance Minister Simeon Djankov the economy is likely to grow between 2.5% and 3.0% this year.
Industrial production drops in December
February 7, 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.