Eurostat

Bulgaria Reports Lowest Hourly Labour Costs in EU for 2023: Eurostat

Eurostat's recent publication on Wednesday showed insights into hourly labour costs across the European Union (EU) in 2023, indicating a notable rise compared to the previous year. The average hourly labour costs for the entire economy were estimated at EUR 31.8 in the EU and EUR 35.6 in the euro area, marking an increase from EUR 30.2 and EUR 34.0, respectively, in 2022.

Bulgaria Retains Lowest Purchasing Power in EU, While Luxembourg Tops the Charts

The latest data released by Eurostat, the official statistical office of the European Union, reveals that Bulgaria continues to grapple with the lowest purchasing power within the EU, while Luxembourg maintains its position at the top with the highest purchasing power.

Homeownership in Greece declined 11.3% in 2005-21

A new economic reality has emerged in the Greek housing market amid the prolonged financial crisis, with a notable portion of the nation's residential inventory now under the ownership of institutional or foreign investors. This trend is underscored by statistical data, revealing an 11.3% decline in homeownership rates from 2005 to 2021.

Greece lags in EU for internet speed

Greece lags in the EU in terms of internet speed, despite the significant investments that have been made in recent years, according to Eurostat data for 2023.

The country comes last (with only 2.9%) In terms of the ranking of countries with the highest percentage of enterprises with "fast" connections, according to Eurostat data for 2023.

Romania And Bulgaria Boast EU's Most Affordable Consumer Prices For 2022

In the year 2022, Romania and Bulgaria emerged with the lowest consumer prices for goods and services within the European Union (EU), showcasing a remarkable 41% below the EU average, according to data released by the National Statistical Institute of Romania on Friday.

Bulgaria's Construction Sector: Notable Decline Surpasses EU Trends

Recent data from Eurostat unveils a significant downturn in Bulgaria's construction industry, showcasing a more pronounced dip compared to the EU's overall production metrics. The released statistics for October 2023 highlight a 1% decrease in construction production in Bulgaria as opposed to a 0.4% decrease across the EU during the same period.

Bulgaria's Agricultural Prices Plummet in Latest Eurostat Report

The European Union's latest agricultural data for the third quarter of 2023 portrays a noticeable downturn in agricultural prices, marking a stark reversal from the prior robust growth trend. Eurostat's statistics highlight a notable decline in prices, particularly in countries specializing in cereal and milk production, such as Bulgaria and Hungary.

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