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In Bulgaria, industrial production rose by 1.8% on a monthly basis in May, after April contraction of 1.7%, according to Eurostat data. By comparison, the average monthly growth rate of the EU is 1.2%. Bulgaria's performance is better than that of several countries with positive growth, notably the Netherlands (1.6%) and Spain (1%), Norway (0.9%), Finland (0.9%), Italy (0.7%), Slovenia (0.7%), Greece (0.4%) and the United Kingdom (0.4%). In addition, a number of countries recorded decreases in production – Denmark (-2.8%), Portugal (-2%), Estonia (-0.4%), Romania (-0.4%), France %), Latvia (-0.2%) and Luxembourg (-0.1%). There is no indicator change on an annual basis in our country, but this also illustrates the improvement in the situation, since in April compared to the same previous year industrial production was down 0.7% Industrial production in the euro area grew 2.4% year-on-year in May, following a 1% increase , 7% the previous month, according to the website tradingeconomics.com. The data also outperformed the consensus consensus for the market of 2.1%. The acceleration of growth was observed in intermediate consumer goods (2.3% vs. 0.8% in April) and non-durable goods (2.4% vs. 1.2% in April). Equipment goods also posted a stable growth rate, although with a slight deceleration (3.9% vs. 4% in April). However, energy production fell 1% in May, down 1.1% in April. In the European Union, industrial production increased by 2.4% (compared with 1.9% in April), with production of intermediate and non-durable consumer goods growing at a faster pace, 2.2% against 0.9% in April and 2% against 1.1% in April. At the same time, output growth slowed both for consumer durables (1.4% vs. 1.9%) and for capital goods (3.7% vs. 4%). , 3%). Energy production decreased by 0.8% in May, after a drop of 0.1% in April
Among the Member States with the highest data is Figure 1. increase in industrial production on an annual basis in Poland – 7.8%, Ireland – 7.3%, Slovenia – 5.9%. Meanwhile, the largest decline was observed in Malta – 6.3%, in Denmark – 3.3%, and in Portugal – 2.6% Monthly variation Monthly Industrial production rose 1.3%, following a 0.8% decline in April. The data exceeds the preliminary growth forecast of 1.2%. This is the largest increase in industrial production since November of last year, with an increase in production in almost all categories: consumer durables (2.1% vs. -2.1%) in April on a monthly basis); non-durable consumer goods (2.1% vs. -1.1%); intermediate goods (1.6% vs. -0.7%) and energy production (0.5% vs. -5.2%). For capital goods only, output growth slowed from 2.2% to 0.6% In the EU, industrial production jumped 1.2% after falling 0.8% in April due to growth in consumer goods. use (2% vs. -1.7%); non-durable consumer goods (1.7% vs. -0.8%); intermediate goods (1.6% vs. -0.6%). Equipment goods also recorded a growth rate, albeit slower than in April on an annual basis, by 0.6% vs. 1.2%. However, energy production continued to decline (-0.1% against -4.4%). Of the Member States for which data are available, the largest increase in industrial production in May compared to April was recorded in Lithuania, 6%), Sweden (3.4%) and Ireland ( 3.2%). The largest decrease was recorded in Denmark – 2.8% and Portugal – 2%.
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