May 10 (SeeNews) - Bulgaria's industrial production index went down by an annual 7.6% in March after shedding a revised 7.9% in February, the statistical office said on Friday, citing preliminary and seasonally-adjusted data.
On a monthly comparison basis, Bulgaria's industrial output slipped by 1% in the third month of 2024, following a revised rise of 0.2% in February, the National Statistical Office (NSI) said in a monthly report.
All three main industrial sectors posted annual declines in their production rates in the review month, with mining and quarrying output losing the most - 21.8%, followed by electricity, gas, steam and air conditioning supply with a 9.1% drop.
In monthly terms, production in the electricity, gas, steam and air conditioning supply fell by 5.5%, while in manufacturing it was 1.2% lower. At the same time, output in the mining and quarrying industry grew by 1.2% month-on-month.
Below are figures on changes in industrial output in February and March, breakdown by sector (in pct):
|
March y/y |
March m/m |
Feb y/y* |
Feb m/m* |
Total |
-7.6 |
-1.0 |
-7.9 |
0.2 |
-mining, quarrying |
-21.8 |
1.2 |
-20.6 |
-9.7 |
-manufacturing |
-5.9 |
-1.2 |
-3.7 |
2.1 |
-utilities |
-9.1 |
-5.5 |
-24.1 |
-2.7 |
*revised
source: NSI