Bulgaria: Industrial output growth remains broadly unchanged in September
November 10, 2021
Industrial output rose 10.5% compared to the same month of the previous year in September, which was a marginal deterioration from August's 10.6% increase. Looking at the details of the release, manufacturing production expanded at a softer pace in September, while mining output gained steam.
On a monthly basis, industrial production grew 1.6% in seasonally-adjusted terms in September, which was below August’s 2.1% expansion. Meanwhile, the trend improved sizably, with the annual average growth of industrial production coming in at plus 5.2% in September, up from August's 4.0%.