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Financial News: Bulgaria Industrial Production Fall For Second Month In

Bulgaria Industrial Production Fall For Second Month In April

06/09/2020 - 07:29:00 (RTTNews)

(RTTNews) - Bulgaria industrial production fell for the second straight month in April, data from the National Statistical Institute showed on Tuesday.

Industrial production logged a double-digit decrease of 15.7 percent year-on-year in April, following a 6.8 percent decline in March.

Manufacturing output fell 18.5 percent annually in April, following a 9.7 percent decrease in the previous month.

Electricity, gas, steam and air conditioning supply production dropped 10.9 percent, while output of mining and quarrying rose 9.3 percent.

On a monthly basis, industrial production fell 11.4 percent in April, following a 5.0 percent drop in the preceding month.

Separate data from the statistical office showed that the retail sales decreased 19.9 percent year-on-year in April, following a 14.6 percent fall in March.

On a month-on-month basis, retail sales fell 1.4 percent in April, following a 20.1 percent decrease in the prior month.

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