site.btaIndustrial Production Index Drops 2% in January M/M

Industrial Production Index Drops 2% in January M/M
Industrial Production Index Drops 2% in January M/M
Feed mill in the village of Vasil Levski (BTA Photo/Ekaterina Hristova)

The Industrial Production Index in Bulgaria decreased by 2% in January 2025 compared to the previous month, show National Statistical Institute data published on Monday. Compared to January 2024, a decrease of of 3.5% was registered in the calendar-adjusted Industrial Production Index.

In December, Industrial Production fell by 2.2% month-on-month and by 3.9% compared to the same month in the previous year.

In January 2024, the Industrial Production Index dropped by 2.5% month-on-month and by 7.5% year-on-year, according to NSI data.

In January 2025, compared to December 2024, a 19% decline was recorded in the mining industry, as well as 1.1% in the manufacturing sector. However, the production and distribution of electricity, heat, and gas saw a growth of 12.5%.

On a year-on-year basis, in January 2025, there was a decline in industrial production based on calendar-adjusted data in the production and distribution of electricity, heat, and gas by 14.5%, in mining by 4.5%, and in manufacturing by 0.3%.

/MR/

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By 18:08 on 10.03.2025 Today`s news

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