Bulgaria: Trade and Industrial Sectors Shrink

Business › Economy ♦ Published: February 11, 2013; 20:10 ♦ (Vindobona)

In November industrial production contracted at the same rate as in October (1.8%). The volume of output of manufacturing remained unchanged on an annual basis. The real-terms decline of domestic trade accelerated to 7.4% yoy.

Bulgaria: Trade and Industrial Sectors Shrink / Picture: © Vindobona.org

In November, industrial production continued to decline, posting the same rate as the one observed in the previous month: 1.8% on an annual basis. This dynamics was stemming from a decrease in the production and distribution of electricity, heat and gas (4.7% yoy) and a contraction in mining production (11.1% yoy).

A contribution to limit the fall…

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