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Bulgaria: Industrial Output Declines

Published: January 11, 2013; 20:00 · (Vindobona)

In October industrial production shrank on an annual basis (by 1.5%) for the second consecutive month. At the same time, manufacturing output marked an increase. Construction output continued expanding.

Bulgaria: Industrial Output Declines / Picture: © Flickr

The hesitant trend of development in the industry observed since the end of 2011, continued. In October, for the second consecutive month, industrial output shrank on an annual basis. However, the decline slowed to 1.5% yoy compared to the reported decrease of 4.2% yoy in September. Also, as a positive development in October, an increase in manufacturing industry (1.1%…

This article includes a total of 717 words.

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