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Bulgaria Industrial production November 2021

Bulgaria: Industrial output grows at fastest pace since May in November

Industrial output rose 13.2% year-on-year in November, rising from October’s 9.6% increase and marking the best result since May. The reading was partly driven by faster growth in manufacturing output growth, while mining production also picked up pace.

On a monthly basis, industrial production rose 1.4% in seasonally-adjusted terms in November, which was better than October’s 1.0% expansion. Meanwhile, the trend improved sizably, with the annual average growth of industrial production coming in at 7.9% in November, up from October’s 6.2% reading.

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