Bulgaria Continues to Lead EU Industrial Output Decline
Bulgaria has recorded the largest drop in industrial production within the European Union for the fifth month in a row, according to preliminary data from Eurostat.
Bulgaria with Sharpest Fall in EU Industrial Output
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Bulgaria marked the largest fall in industrial production among European Union member states in February 2010 compared with January 2010, official data shows. Photo by BGNES
Bulgaria marked the largest fall in industrial production among European Union member states in February 2010 compared with January 2010, official data shows.
Among the member states for which data are available, industrial production rose in seven, fell in thirteen and remained stable in France and Italy.
The highest increases were registered in Slovenia (+6.4%), Luxembourg (+3.6%) and Denmark (+1.8%), and the largest falls in Bulgaria (-5.7%), Latvia (-3.0%) and Greece (-2.9%), the European Union's statistics agency Eurostat reported.
Industrial production in the 16 countries that use the euro remained upbeat in February, with the annual measure of output rising at the fastest pace in almost two years, data showed Wednesday.
According to figures released by the European Union's statistics agency Eurostat, industrial production rose 0.9% from January and gained 4.1% from a year earlier—the sharpest year-on-year increase since a 4.7% jump in April 2008.
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