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Bulgaria’s Industrial Production Grows 2.5% Y/Y in April; Monthly Growth at Zero - Eurostat

Wednesday, Jun 15, 2016

Bulgaria registered zero growth in industrial production on a monthly basis for April 2016 following a 0.7% drop for March, according to Eurostat data released on Tuesday.

Year-on-year, Bulgaria’s industrial production increased by 2.5% in April 2016, just off the annual growth rate of 2.6% recorded in March.

Bulgaria’s calendar and seasonally adjusted production index measured 112.3 points for April 2016, little changed from 112.4 points for March. The EU28 calendar and seasonally adjusted production index measured 105.6 points in April 2016.

In April 2016, seasonally adjusted industrial production rose by 1.1% month-on-month in the euro area and by 1.3% in the EU28, according to estimates of the statistical office of the European Union.

In the EU28, the increase of 1.3% was due to production of non-durable consumer goods rising by 2.3%, durable consumer goods by 1.9%, capital goods by 1.7%, energy by 0.5% and intermediate goods by 0.4%.

Industrial production increased by 2.0% year-on-year in the euro area and by 2.5% in the EU28 in April 2016. The increase of 2.5%in the EU28, was due to production of capital goods rising by 3.5%, non-durable consumer goods by 2.4%, durable consumer goods by 2.2%, intermediate goods by 1.3% and energy by 1.0%, Eurostat said in a statement.

Source: www.novinite.com