IN MAY 2023, A DECLINE OF 11.0% WAS REGISTERED IN THE CALENDAR-ADJUSTED INDUSTRIAL PRODUCTION INDEX IN COMPARISON WITH THE SAME MONTH IN 2022
The Industrial Production Index increased by 1.6% in May 2023 compared to April 2023. The data are preliminary and seasonally adjusted.
Compared to the previous month, growth was reported in the electricity, gas, steam and air conditioning supply - by 8.8%, and in the manufacturing - by 0.7%, while the production went down in the mining and quarrying industry - by 4.7%.
In May 2023, a decline of 11.0% was registered in the calendar-adjusted Industrial Production Index in comparison with the same month in 2022.
Compared to May 2022, a drop was observed in the electricity, gas, steam and air conditioning supply - by 26.1%, in the mining and quarrying industry - by 24.0%, and in the manufacturing - by 8.3%.
In May 2023, the turnover in ‘Retail trade, except motor vehicles and motorcycles’ at constant prices increased by 1.5% compared to the previous month. The data are preliminary and seasonally adjusted.
A rise of turnover was reported in ‘Retail sale of non-food products (except fuel)’ - by 3.4%, and ‘Retail sale of food, beverages and tobacco’ - by 1.1%, while in ‘Retail sale of automotive fuel in specialised stores’ was registered a decrease - by 0.3%.
The calendar-adjusted turnover went up by 1.8% compared to the same month in 2022.
An increase was observed in all major groups: in ‘Retail sale of automotive fuel in specialised stores’ (8.0%), in ‘Retail sale of food, beverages and tobacco’ (1.6%) and in ‘Retail sale of non-food products (except fuel)’ (0.4%).
Тhe index of production in the ‘Construction’ section increased by 1.0% in May 2023 compared to the previous month. The production of civil engineering rose by 1.2% and the production of building construction - by 0.9%.
Compared to May 2022, no change in construction production was observed. An increase was registered in the building construction - by 1.8%, while a decrease of 2.5% in civil engineering was seen.
The exports of goods from Bulgaria to third countries increased by 8.7% compared to the period January - May 2022 and amounted to 13 380.9 million BGN, while the imports of goods from third countries dropped by 10.6% and added up to 16 376.1 million BGN.
Тhe most notable growth in the exports of goods to third countries compared to the period January - May 2022 was recorded in the sections ‘Machinery and transport equipment’ (73.1%) and ‘Food and live animals’ (29.5%). The most notable fall was reported in the section ‘Mineral fuel, lubricants and related materials’ (23.9%). The largest growth in the imports of goods from third countries was recorded in the sections ‘Beverages and tobacco’ (30.6%) and ‘Food and live animals’ (25.8%). The most notable fall was reported in the section ‘Mineral fuel, lubricants and related materials’ (30.4%). The data are by the Standard International Trade Classification.
The total value of all exported goods to third countries and the EU amounted to 37 075.7 million BGN in the period January - May 2023, which is 0.2% less than the same period of the previous year, while the total value of all imported goods from third countries and the EU added up to 40 874.8 million BGN and dropped by 2.2%.
In the period January - April 2023, the exports of goods from Bulgaria to the EU decreased by 1.2% compared to the same period of 2022 and amounted to 18 960.5 million BGN, while the imports of goods from the EU grew by 6.1% and reached 19 533.0 million BGN.
In April 2023, the exports to the EU decreased by 18.1% compared to the corresponding month of the previous year and amounted to 4 287.2 million BGN, while the imports dropped by 0.1% and amounted to 4 573.1 million BGN.
The most notable growth in the exports of goods to the EU in the period January - April 2023 compared to the same period of 2022 was recorded in the section ‘Miscellaneous manufactured articles’ (26.8%). The most notable fall was reported in the section ‘Animal and vegetable oils, fats and waxes’ (57.3%). The largest growth in the imports of goods from the EU was recorded in the section ‘Machinery and transport equipment’ (27.4%), while the most notable fall was reported in the section ‘Mineral fuel, lubricants and related materials’ (55.4%). Data are by the Standard International Trade Classification.
