Industry in Bulgaria

Bulgaria Industry | Economic News & Forecasts

Bulgaria - Industry

Industrial output eases in July

In seasonally-adjusted terms, industrial output shrank 1.2% on a monthly basis in July (June: +0.8% month-on-month s.a.).

On an annual basis, industrial output in working day-adjusted terms decelerated to 1.0% in July, coming in below June’s 3.6% expansion. July’s reading reflected sharp declines in mining output and the utilities supply, which were partly offset by modest gains in manufacturing output.

Meanwhile, annual average growth in industrial output ticked down to 1.8% from 2.0% a month earlier.

FocusEconomics Consensus Forecast panelists expect industrial output to grow 3.2% in 2018, which is unchanged from last month’s estimate. For 2019, panelists also see industrial output growing 3.2%, also unchanged from last month’s forecast.

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 Yield0.930.0 %Oct 18
Exchange Rate1.70-0.72 %Oct 18
Stock Market608-0.35 %Oct 18

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