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Bulgaria's industrial output growth speeds up in Nov

Bulgaria's industrial output growth speeds up in Nov VMRO-DPMNE/All Rights Reserved.

SOFIA (Bulgaria), January 10 (SeeNews) - Bulgaria's industrial production increased by 4.3% year-on-year in November, accelerating from a revised 2.3% growth rate a month earlier, the National Statistical Institute (NSI) announced on Tuesday.

On a seasonally-adjusted monthly comparison basis, industrial output grew by 1.6% in November, following a 0.3% increase in October, NSI said.

Industrial production, breakdown by sector (pct change):

  Nov'16 y/y Oct'16 y/y Nov'16 m/m Oct'16 m/m
Industry 4.3 2.3 1.6 0.3
- manufacturing 4.9 1.5 2.4 -0.3
- mining 9.8 9.0 2.2 1.5
- utilities 1.0 1.1 -1.3 -0.3

source: NSI

The NSI has revised October industrial output growth figure from an initially reported increase of 2.8% year-on-year.



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