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Market Update: Bulgaria Construction Output Jumps the Most in Over 3 Years
Construction output in Bulgaria climbed 15.7 percent over a year earlier in April of 2021, following a 11.2 percent increase in March. It was the highest jump in construction activity since January of 2018, underpinned by sharp expansion in both civil engineering works (21.5 percent vs 16.0 percent in March) and building construction activities (11.5 percent vs 7.7 percent). On a seasonally adjusted monthly basis, construction activity went up 2.3 percent, slowing from a 3.0 percent increase in the prior month. source: National Statistical Institute, Bulgaria [/s2If]
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