Bulgaria’s industrial production rose 19% yoy in March

Bulgaria‘s industrial production rose 19% yoy in March after rising 14.8% in February, the National Statistical Institute (NSI) said on Tuesday, citing preliminary data.

On a seasonally adjusted monthly basis, industrial production rose 5% in March after rising 0.3% the previous month, NSI said in a monthly report.

The largest annual growth of the index components was recorded by beverage production – 44.7%, followed by the production of wood or wood and cork products other than furniture, and the production of computer, electronic and optical products – by 24.0%.

Production growth of electricity, gas, steam and air conditioning utilities was 51.1%, while production of mining and quarrying industry increased by 19.4% annually.

Industrial production, breakdown by sector (percentage change):

March y/y March m/m February y/y* February m/m*
In total 19.0 5.0 14.8 0.3
-Mining, quarry 19.4 6.5 17.4 -4.7
-manufacturing 13.3 1.6 12.1 0.3
-Utilities 51.1 18.2 28.5 2.1


Source: NSI

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