Industry in Bulgaria
Bulgaria - Industry
Industrial output growth quickens to near two-year high in February
Industrial output jumped 6.6% in working day-adjusted annual terms in February, following the 2.6% rise logged in January and marking the strongest expansion since May 2017. February’s acceleration largely reflected the strong pick-up in manufacturing output compared to January. Meanwhile, growth of the mining and quarrying sector largely held steady while the utilities supply sector continued to contract in February. Annual average growth in industrial output climbed to 1.6% from 0.9% a month earlier.
In seasonally-adjusted terms, industrial output advanced 1.5% on a monthly basis, following January’s 3.6% month-on-month increase.
Bulgaria Industrial Production Forecast
FocusEconomics Consensus Forecast panelists expect industrial output to grow 2.1% in 2019, which is unchanged from last month’s estimate. For 2020, our panel sees industrial output growing 2.2%.
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||0.61||0.0 %||Apr 12|
|Exchange Rate||1.73||-0.72 %||Apr 12|
|Stock Market||575||-0.35 %||Apr 12|
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April 15, 2019
Consumer prices rose 0.1% from the previous month in March, following February’s 0.5% increase.
April 9, 2019
Industrial output jumped 6.6% in working day-adjusted annual terms in February, following the 2.6% rise logged in January and marking the strongest expansion since May 2017.
March 13, 2019
Consumer prices rose 0.5% from the previous month in February, following January’s 0.6% increase.
March 8, 2019
Industrial output rose 2.8% in working day-adjusted annual terms in January, contrasting the 2.9% year-on-year decline logged in December, which had marked the sharpest contraction in five and a half years.
March 7, 2019
According to comprehensive data released by the Statistical Institute on 7 March, the economy grew 3.2% in annual and seasonally-adjusted terms in the final quarter of 2018, a notch above both the preliminary estimate and the third quarter’s reading (Q3: +3.1% year-on-year s.a.).