site.btaEurostat: Total Market Production Up in Bulgaria, Down in EU in September

In September 2024, Bulgaria’s total market production went up by 0.5%, reversing previous monthly and annual declines of 0.3% and 1.2%, respectively, according to the Eurostat data made public on Friday. The total market production decreased by 0.6% in the EU and by 0.7% in the euro area compared with the previous month.

The total market production index is a composite indicator that combines 4 short-term business statistics indicators covering most of the market economy, i.e. production in industry, construction, and services, as well as the trade volume.

The decrease of total market production in the EU in September was driven by a decline in industrial production (-1.8%), services (-0.2%), and construction (-0.1%), while trade saw an increase (+0.3%).

Compared with the same month of the previous year, total market production decreased by 0.4% in both the EU and the euro area.