Bulgaria's industrial output down 8.3% y/y in Feb

On a monthly comparison basis, Bulgaria's industrial output remained unchanged in the second month of 2024, following a revised slip of 4% in January, the National Statistical Office (NSI) said in a monthly report.

All three main industrial sectors recorded annual declines in their production rates in the review month, with mining and quarrying output losing the most - 20.8%, followed by electricity, gas, steam and air conditioning supply with a 20.7% drop.

In monthly terms, production in the manufacturing industry was the only one to rise, by 2.9%, while mining and quarrying posted the most considerable fall in output, at 9.8%.

Below are figures on changes in industrial output in February and January, breakdown by sector (in pct):

*revised

source: NSI