Bulgaria Industrial production June 2021


Bulgaria: Industrial output growth loses pace in June

August 10, 2021

Industrial output grew 9.7% compared to the same month a year earlier in June, which followed May's 16.4% increase. Looking at the subsectors, manufacturing output growth slowed in June, while mining production also moderated.

On a seasonally-adjusted monthly basis, industrial production fell at a more moderate pace of 0.1% in June (May: -1.4% mom). Meanwhile, annual average industrial production growth rose to 2.0% in June (May: +0.5%), signaling an improving trend in the sector.

FocusEconomics Consensus Forecast panelists see industrial production growing 4.9% in 2021, which is up 0.3 percentage points from last month’s forecast. In 2022, panelists see industrial production growing 3.6%.


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Bulgaria Industrial production Chart

Bulgaria Industry June 2021

Note: Year-on-year and annual average variation of working-day adjusted industrial production index in %.
Source: National Statistical Institute (NSI).

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