Bulgaria: Industrial production shrinks more slowly in February
Latest reading: Industrial production declined 8.0% on a year-on-year basis in February, following a 11.6% drop in the prior month.
Relative to the previous month’s data, readings in February improved for manufacturing (-0.2% in annual terms vs -8.8% in January) and mining (-21.5% vs -24.1% in January).
In seasonally adjusted month-on-month terms, industrial production increased 0.9% in February, following a 3.6% drop in the previous month.