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Bulgaria's industrial output grows 5.7% y/y in Oct - table

Dec 9, 2022, 11:46:13 AMArticle by Tanya Ivanova
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December 9 (SeeNews) - Bulgaria's industrial production growth slowed down to 5.7% in October, from a revised yearly increase of 10.7% in September, the statistical office said on Friday, citing preliminary and seasonally-adjusted data.

Bulgaria's industrial output grows 5.7% y/y in Oct - table
Source: Pixabay

Month-on-month, Bulgaria's industrial output fell by 2% in October after slipping by a revised 2.6% in September, the National Statistical Institute (NSI) said in a monthly report.

The only annual growth rate among the index components was recorded in the manufacturing sector. At the same time, the electricity, gas, steam and air conditioning supply sector showed a year-on-year slump of 30% in October.

The sector also demonstrated the largest decrease, of 24.5%, on a monthly comparison basis. Month-on-month, manufacturing was the only sector to show growth in October, of 0.4%.

Changes in industrial production, breakdown by sector (pct):

Oct y/y Oct m/m Sept y/y Sept m/m*
Total 5.7 -2.0 10.7* -2.6
-mining, quarrying -2.1 -6.2 -2.4 2.3
-manufacturing 14.2 0.4 14.0* 1.5
-utilities -30.0 -24.5 1.6* -12.1

*revised

source: NSI.

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