Bulgaria’s Nov Industrial Output Up 0.9% M/M, Sales Rises 3.8% M/M

Bulgaria’s Nov Industrial Output Up 0.9% M/M, Sales Rises 3.8% M/M

Bulgaria's November industrial output edged up by a provisional 0.9% month-on-month after falling by a revised 0.4% in October, while industrial sales rose by a monthly 3.8% following a revised 4.4% increase in the previous month, data of the statistics office indicated.

Year-on-year November industrial output 2.1% lower, while sales went up by 2.3%, data of the National Statistics Institute (NSI) indicated on Wednesday. A month earlier the output declined by 4.4% on the year and sales were 1.9% higher.

The most significant monthly increase in both industrial output and sales was registered in the utilities sector, up by 7.4% and 21.4%, respectively.

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