Bulgaria: Growth in industrial production accelerates in October
December 14, 2015
In October, industrial production rose 1.0% over the same month last year in working-day adjusted terms, according to the National Statistical Institute, which was below September’s 0.8% increase. October’s reading came on the back of increases in manufacturing and in electricity, gas and steam.
On a month-on-month basis, industrial production rose a seasonally-adjusted 0.1% in October, which contrasted the 0.8% fall recorded in the previous month. As a result, average growth in industrial production inched up from September’s 2.2% rise to 2.4% in October, which marked an over-one-year high.
Author: Eric Denis , Economist