Bulgaria: Growth in industrial production accelerates in March
May 8, 2015
In March, industrial output expanded 2.9% over the same month last year in working-day adjusted terms, according to the National Statistical Institute. The figure was above February’s 2.5% increase. March’s gain was the largest in 10 months and reflected a broad-based improvement in the index.
On a month-on-month basis, industrial production fell a seasonally-adjusted 0.8% in March, which was greater than the 0.7% contraction recorded in the previous month. Average growth in industrial production fell from February’s 1.4% to 1.3% in March.