Bulgaria Industrial production July 2021

Bulgaria

Bulgaria: Industrial output growth wanes in annual terms in July

September 10, 2021

Industrial output rose 8.3% year-on-year in July, slowing from June’s 10.5% increase. July's figure was partly driven by a moderation in manufacturing production growth, while mining output growth also lost steam.

On a monthly basis, industrial production grew 0.3% in seasonally-adjusted terms in July, which was below June’s 0.4% expansion. Meanwhile, the trend improved sizably, with the annual average growth of industrial production coming in at 2.7% in July, up from June's 1.4% reading.

FocusEconomics Consensus Forecast panelists see industrial production growing 5.4% in 2021, which is up 0.5 percentage points from last month’s forecast. In 2022, panelists see industrial production growing 3.5%.


Author:

Sample Report

Looking for forecasts related to Industrial production in Bulgaria? Download a sample report now.

Download

Bulgaria Industrial production Chart


Bulgaria Industry July 2021

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


Bulgaria Economic News

More news

Search form