Industry in Bulgaria

Bulgaria Industry | Economic News & Forecasts

Bulgaria - Industry

Industrial output contracts in September

Industrial output fell 0.8% in working day-adjusted terms and on an annual basis in September, contrasting the revised 1.7% year-on-year expansion logged in August (previously reported: +2.3% year-on-year). September’s reading reflected significantly weaker manufacturing gains, as well as losses in the utilities supply. Meanwhile, annual average growth in industrial output edged down to 1.3% from 1.6% a month earlier.

In seasonally-adjusted terms, industrial output dropped 1.2% on a monthly basis, contrasting August’s revised flat month-on-month reading (previously reported: +0.8% month-on-month s.a.).

FocusEconomics Consensus Forecast panelists expect industrial output to grow 3.2% in 2019, which is unchanged from last month’s estimate. For 2020, our panel sees industrial output growing 2.7%.

Bulgaria - Industry Data

2013  2014  2015  2016  2017  
Industrial Production (annual variation in %)-0.2  1.8  2.9  2.7  3.4  

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Bulgaria Industry Chart

Bulgaria Industry
Note: Annual variation of industrial output in %.
Source: National Statistical Insitute (NSI) and FocusEconomics calculations

Bulgaria Facts

Bond Yield0.900.0 %Nov 29
Exchange Rate1.72-0.72 %Nov 29
Stock Market592-0.35 %Nov 29

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