FX.co ★ Bulgaria Industrial Output Declines for Fifth Consecutive Month

Bulgaria’s industrial production declined 5.4% year-on-year in August 2026, moderating from a 6.8% drop in July but still marking the fifth consecutive month of contraction. Output fell more sharply in several key categories: investment goods (-21.7% vs. -9.0% in July), intermediate goods (-17.4% vs. -11.1%), and consumer durables (-4.2% vs. -6.0%). In contrast, production of consumer non-durable goods was virtually stable (-0.1% vs. -4.9%), while energy output surged 32.3%, up from 9.6% in July. On a seasonally adjusted monthly basis, industrial production increased 0.7% in August, rebounding from a revised 2.9% decline in July.