Bulgaria: Industrial production contracts faster in August
Latest reading: Industrial production was down 10.3% in annual terms in August, following a 8.4% drop in the previous month.
Relative to the prior month’s data, readings in August softened for manufacturing (-6.6% on a year-on-year basis vs -3.5% in July) and mining (-6.7% vs +0.7% in July).
On a seasonally adjusted month-on-month basis, industrial production was down 0.1% in August, stable from the prior month’s reading.