Industry in Bulgaria
Bulgaria - Industry
Covid-19 deals heavy blow to industrial output in March
Industrial output slumped 6.9% compared to the same month a year earlier in working-day adjusted terms in March, which followed a flat reading in February. March's reading marked the worst print since February 2010.
The figure was chiefly driven by tumbling manufacturing production more than offsetting a turnaround in mining and quarrying output as well as a softer contraction in the production of utilities.
On a seasonally-adjusted monthly basis, industrial production cratered 5.1% in March, contrasting February’s 0.8% expansion and logging the worst reading in over ten years. Meanwhile, the trend pointed down, with the annual average variation of industrial production coming in at minus 0.8% in March, from February's 0.0%.
FocusEconomics panelists are still assessing the latest developments.
Bulgaria - Industry Data
|Industrial Production (annual variation in %)||2.9||2.7||3.4||0.3||0.6|
5 years of economic forecasts for more than 30 economic indicators.
Bulgaria Industry Chart
Source: National Statistical Insitute (NSI) and FocusEconomics calculations
|Bond Yield||0.40||0.0 %||Dec 31|
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November 15, 2022
Inflation dropped to 17.6% in October below September’s 18.7%.
November 10, 2022
Industrial output expanded 11.0% compared to the same month a year earlier in September, which followed August's 18.4% increase.
October 18, 2022
Inflation came in at 18.7% in September, up from August’s 17.7%.
October 10, 2022
Industrial output grew 18.4% year on year in August (July: +16.1% yoy).
September 15, 2022
Inflation came in at 17.7% in August, which was up from July’s 17.3%.