Bulgaria: Growth in industrial production accelerates in September
November 11, 2016
In September, industrial production in Bulgaria grew 3.3% from the same month last year in working-day adjusted terms, accelerating from August’s 2.6% increase. September’s result reflected an acceleration in manufacturing. Within the manufacturing category, fabricated metal products registered the highest growth.
A month-on-month comparison showed that industrial production contracted a seasonally-adjusted 0.2% in September, which contrasted the 0.6% expansion registered in the preceding month. Annual average growth in industrial production inched up from 2.0% in August to 2.2% in September, the highest reading in 3 months.
Author: Luis Lopez Vivas, Economist