Bulgaria: Industrial output grows at fastest pace in nine months in January
March 10, 2022
Industrial output rose 16.5% year-on-year in January, rising from December’s 14.8% increase and marking the best result since last April. The reading came on the back of stronger manufacturing and mining output.
On a monthly basis, industrial production rose 1.9% in seasonally-adjusted terms in January, rising from December’s 1.3% expansion. Meanwhile, the trend improved sizably, with the annual average growth of industrial production coming in at 10.8% in January, up from the prior month’s 9.2% reading.