Bulgaria recorded the second-largest monthly decline in services production in the European Union in August 2026, according to the latest seasonally adjusted data from Eurostat.
Services production in Bulgaria fell by 2.3% compared with July, when an increase of 0.5% was recorded, following a 1% decline in June. Only Luxembourg registered a steeper monthly decrease.
On an annual basis, compared with August 2025, Bulgaria’s services sector grew by 3.6%, placing the country tenth among EU member states in terms of year-on-year growth.
Eurostat data for August show that services production increased by 0.3% month-on-month in both the EU and the euro area. In July, growth of 0.4% and 0.3% was recorded in the respective areas.
Year-on-year, services production increased by 2.1% in the EU and 2.2% in the euro area in August.
Among EU member states, Luxembourg recorded the largest monthly decline (-5.1%), followed by Bulgaria (-2.3%), Denmark (-1.9%) and Sweden (-1.2%).
The strongest monthly increases in August were registered in Romania (+5.2%), Malta (+1.8%) and Portugal (+1.7%).
On an annual basis, accommodation and food services were the only segment to record a decline in both the EU and the euro area, falling by 0.1% in each.
The highest annual growth among EU member states was recorded in Slovakia (+10%), followed by Greece (+9.3%) and Malta (+7.5%).
The largest year-on-year declines in August were observed in Hungary (-5.6%), Denmark (-5.3%) and Italy (-0.3%).
THE NEWS FROM BULGARIA – NEWS AGENCY 2009-2025 2026-11-09 04:31:40
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BULGARIA NEWS – NEWS AGENCY 2009–2026 2026-11-09 04:31:40
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