Industry in Bulgaria

Bulgaria Industry | Economic News & Forecasts

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

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 Yield0.610.0 %Apr 12
Exchange Rate1.73-0.72 %Apr 12
Stock Market575-0.35 %Apr 12

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