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Bulgaria industrial production fall for second month in April

Automotive

Graphic by Myvector / Shutterstock.com

Bulgaria industrial production fell for the second straight month in April, according to the latest data from the National Statistical Institute (NSI). Industrial production logged a double-digit decrease of 15.7% year-on-year in April, following a 6.8% decline in March.

Graphic by Myvector / Shutterstock.com

Manufacturing output fell 18.5% annually in April, following a 9.7% decrease in the previous month. Electricity, gas, steam and air conditioning supply production dropped 10.9%, while output of mining and quarrying rose 9.3%.

On a monthly basis, industrial production fell 11.4% in April, following a 5.0% drop in the preceding month.

Data also showed that construction output in Bulgaria slumped 15% year-on-year in April, following a downwardly revised 13.8% fall in the previous month.

In a separate report, the Sofia-based statistics institute said that retail sales decreased an annual 19.9% in April, following a 14.6% fall in March.

On the month, retail sales fell 1.4% in April, following a 20.1% decrease in the prior month, NSI said on June 9.

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