Industry in Bulgaria
Bulgaria - Industry
Industrial output falls sharply in December
Industrial output declined 3.8% in working day-adjusted annual terms in December, contrasting the 1.2% year-on-year expansion logged in November and marking the sharpest contraction in five-and-a-half years. December’s reading largely reflected a notable dip in manufacturing output, after expanding modestly in the previous month. Meanwhile, growth in the mining and quarrying sector came in flat in December and the utilities supply sector posted narrower losses compared to November. Annual average growth in industrial output inched down to 0.8% from 1.1.% a month earlier.
In seasonally-adjusted terms, industrial output fell 2.3% on a monthly basis, contrasting November’s 0.4% month-on-month increase.
Bulgaria Industrial Production Forecast
FocusEconomics Consensus Forecast panelists expect industrial output to grow 2.7% in 2019, which is down 0.1 percentage points from last month’s estimate. For 2020, our panel sees industrial output growing 2.5%.
Bulgaria - Industry Data
|Industrial Production (annual variation in %)||-0.2||1.8||2.9||2.7||3.4|
5 years of economic forecasts for more than 30 economic indicators.
Bulgaria Industry Chart
Source: National Statistical Insitute (NSI) and FocusEconomics calculations
|Bond Yield||0.88||0.0 %||Feb 14|
|Exchange Rate||1.74||-0.72 %||Feb 14|
|Stock Market||581||-0.35 %||Feb 14|
Get a sample report showing our regional, country and commodities data and analysis.
Start Your Free Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.
February 15, 2019
Consumer prices rose 0.5% from the previous month in January, following a flat reading in December.
February 8, 2019
Industrial output declined 3.8% in working day-adjusted annual terms in December, contrasting the 1.2% year-on-year expansion logged in November and marking the sharpest contraction in five-and-a-half years.
January 15, 2019
Consumer prices remained unchanged from the previous month in December, following a 0.1% month-on-month dip in November.
January 10, 2019
Industrial output rose 1.2% in working day-adjusted annual terms in November, matching the revised 1.2% year-on-year expansion logged in October (previously reported: +1.6% year-on-year).
December 12, 2018
Consumer prices fell 0.1% from a month earlier in November, following a 0.7% month-on-month rise in October.