Industry in Bulgaria
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
|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||0.93||0.0 %||Oct 18|
|Exchange Rate||1.70||-0.72 %||Oct 18|
|Stock Market||608||-0.35 %||Oct 18|
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September 13, 2018
Consumer prices rose 0.1% over the previous month in August, following a 0.7% month-on-month increase in July.
September 10, 2018
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.
September 7, 2018
In line with the preliminary estimate, comprehensive data released by the Statistical Institute confirmed growth on an annual basis at a seasonally-adjusted 3.4% in the second quarter, just missing analysts’ expectations and down a couple notches from the 3.6% year-on-year expansion recorded in the first quarter. A breakdown by expenditure showed that fixed investment eased somewhat (Q2: +4.6% yoy s.a.; Q1: +7.0% yoy s.a.) amid looser industrial capacity.
August 14, 2018
Consumer prices rose 0.7% over the previous month in July, after a 0.1% month-on-month increase in June.
August 14, 2018
A preliminary release by the Statistical Institute showed that the economy grew 3.4% on an annual basis in the second quarter, marginally down from the revised 3.6% year-on-year expansion recorded in the first quarter (previously reported: +3.5% year-on-year).