Industrial output in Bulgaria shrank 9% year-on-year in March 2023, the third month of fall in industrial activity, and from 1.8% drop in the previous month. Output continued to drop in all of the sub-indices, namely; mining & quarrying (-14.3% vs -10.7%), manufacturing (-0.9% vs -0.3%) and electricity, gas, steam & air conditioning supply (-39.3% vs -5%). On a monthly basis, industrial production went down 1.2% in March, shifting from a 0.6% rise in the previous month. source: National Statistical Institute, Bulgaria
Industrial Production in Bulgaria averaged 3.31 percent from 2001 until 2023, reaching an all time high of 21.90 percent in April of 2021 and a record low of -22.60 percent in May of 2009. This page provides - Bulgaria Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news. Bulgaria Industrial Production - data, historical chart, forecasts and calendar of releases - was last updated on June of 2023.
Industrial Production in Bulgaria is expected to be -6.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Bulgaria Industrial Production is projected to trend around 4.00 percent in 2024 and 2.90 percent in 2025, according to our econometric models.