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Bulgaria Remains EU State with Highest Annual Growth of Services Production for Second Consecutive Month

bta.bg · 4dShare

Bulgaria remained the European Union country with the highest annual growth of services production in May, having taken first place in the rankings in April, according to the latest estimates from Eurostat, published on the agency’s website. The Bulgarian services production, excluding administrative and support services, increased its output at an annual rate of 8.1% in May, representing a slowdown compared with the previous month, when it rose by 9.3% – the highest rate since November 2022. In April, Bulgaria became the EU country with the highest annual growth in services production, taking the top spot for the first time since data became available in the Eurostat database – from January 2022. May was the eighth consecutive month in which Bulgarian service providers increased their output year-on-year. However, compared with the previous month, in May services production in Bulgaria maintained the output level reached in April, recording zero growth. In April, monthly growth in the

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