In December, industrial production expanded 5.1% in working-day adjusted terms over the same month the previous year, which was below the 5.8% rise recorded in November. After surging 11.4% in November, manufacturing rose 7.8% annually in December. On the other hand, mining and quarrying improved from a 1.3% contraction in November to a 0.4% expansion in December, and electricity, gas, steam and air conditioning supply rebounded from a 7.2% contraction in November to a 0.8% expansion in December. A month-on-month comparison does not corroborate the robust annual figure, as industrial production contracted 1.0% over the previous month in seasonally adjusted terms (November: +1.1% month-on-month). However, the trend continues to improve, with the annual average variation in industrial production stepping up from 0.4% in November to 2.2% in December, which marks the second positive reading since January 2009.
Industrial production remains robust in December
February 7, 2011
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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.