Bulgaria Industrial production

Bulgaria

Bulgaria: Growth in industrial production accelerates in June

August 10, 2015

In June, industrial output expanded 5.7% over the same month last year in working-day adjusted terms, according to the National Statistical Institute. The figure was above May’s 3.9% increase. June’s reading was the highest since February 2014 and reflected steeper increases in all sectors, with mining and quarrying recording the most notable expansions.

On a month-on-month basis, industrial production increased a seasonally-adjusted 0.6% in June, which was slightly below the 0.7% expansion recorded in the previous month. Nevertheless, average growth in industrial production in June increased from May’s 1.0% to 1.4%.

FocusEconomics Consensus Forecast participants see industrial production expanding 3.1% in 2015, which is unchanged from last month’s Consensus. For 2016, panelists see industrial output growing 3.5%.


Author:, Economist

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Bulgaria Industrial production Chart


Bulgaria Industry June 2015

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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