Bulgaria: Industrial downturn sharpens in April
Latest reading: Industrial production nosedived 13.4% year on year in April (March: -9.9% yoy). The figure marked the worst reading since May 2020 and was due to a sharper fall in manufacturing production plus a decline in mining output.
On a seasonally adjusted monthly basis, factory output rose 0.8% in April (March: -5.0% mom s.a.), the best result since September 2024. Meanwhile, the trend pointed down, with the annual average variation of industrial production coming in at minus 4.3%, down from March’s minus 2.7%.