Services production in Bulgaria increased by 5.9% year-on-year in July, compared with 1.5% growth in both the euro area and the EU, according to Eurostat’s first estimates. Bulgaria had the fifth-highest annual increase among EU Member States for which data are available.
Bulgaria’s annual growth rate remained at 5.9%, unchanged from June, while services production increased by 0.5% month-on-month in July.
The index measures monthly changes in the production volume of services industries, excluding financial and public services.
In July, seasonally adjusted services production increased by 0.4% in the euro area and 0.3% in the EU compared with June, following a 0.3% decline in both areas in June.
Among Member States for which data are available, Luxembourg recorded the highest monthly increase at 7.6%, followed by Greece at 5.1% and Sweden at 1.5%. The largest decreases were in Hungary, at 4.5%, Denmark, at 3.1%, and Slovenia, at 2.7%.
Greece recorded the highest annual increase, at 16.1%, followed by Slovakia at 8.7% and Estonia at 8%. Slovenia and Bulgaria followed with increases of 6.9% and 5.9%, respectively. The largest annual decreases were recorded in Hungary, at 5.4%, Romania, at 4.6%, and Denmark, at 4.1%.
Bulgaria’s Services Production Rises 5.9% in July Y/Y THE NEWS FROM BULGARIA – NEWS AGENCY 2009-2025 2026-10-07 11:39:00
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