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Bulgaria Industrial Production Fall For Second Month In April

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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