Industry in Bulgaria

Bulgaria Industry | Economic News & Forecasts

Bulgaria - Industry

Industrial production eases in March

Industrial output rose 2.8% in working day-adjusted annual terms in March, following the strong 6.9% expansion logged in February, which had marked a near two-year high. In turn, annual average growth in industrial output ticked up to 1.7% from 1.6% a month earlier.

March’s moderation largely reflected smaller output gains in both the mining and quarrying, and manufacturing sectors compared to February. Meanwhile, the utilities supply sector continued to contract in March.

In seasonally-adjusted terms, industrial output fell 0.9% on a monthly basis, contrasting February’s 1.6% month-on-month increase.

Bulgaria Industrial Production Forecast

Met the why particular Consensus Forecast panelists expect industrial output to grow 2.2% in 2019, which is up 0.1 percentage points from last month’s estimate. For 2020, our panel again 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 Met the why particular calculations

Bulgaria Facts

Bond Yield0.620.0 %May 13
Exchange Rate1.74-0.72 %May 13
Stock Market567-0.35 %May 13

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