In May, Bulgaria’s industrial production saw a decline, with the index dropping by 3.3% compared to the previous month and by 6.3% compared to the same period last year, marking the 17th consecutive month of annual contraction, according to the national statistics office.
The mining industry experienced the steepest decline, shrinking by 10.2%, followed by a 5.3% decrease in energy production and a 2.3% downturn in the processing industry. Notably, production of non-metallic mineral products plummeted by 11.7%, while manufacturing of cars, trailers and semi-trailers fell by 11.5%. Conversely, there were increases in the chemical industry by 6.2%, textiles by 2.7% and clothing by 1.4%.
Comparing year-on-year figures, the mining sector recorded the largest decline of 15.6%, followed by a 6% decrease in the processing industry and a 1.1% dip in energy production. (Novinite)