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Bulgaria's industrial output up 1.4% m/m in May

SOFIA (Reuters) - Bulgaria's industrial output rose by 1.4% on a monthly basis in May after staying unchanged a month earlier, seasonally adjusted data from the statistics office showed on Friday.

Year-on-year, industrial output growth accelerated to 20.2% in May from a revised increase of 17.3% in April, the office said in a statement.

Processing industry production rose by 1.6% month-on-month in May and mining industry increased by 13%. The production and distribution of electricity, heating and natural gas dropped by 5.5% on the month in May, data showed.

INDUSTRIAL MAY 2022 APRIL 2022 MAY 2021

OUTPUT

M/M% CHANGE +1.4 0.0 -1.0

Y/Y% CHANGE +20.2 +17.3 +16.3

(Reporting by Tsvetelia Tsolova)