Eurostat
Eurostat Data: Bulgaria and Romania Report EU's Lowest Job Vacancy Rates in Q4 2023
According to Eurostat's latest publication, in the fourth quarter of 2023, the euro area witnessed a job vacancy rate of 2.7%, marking a decline from 2.9% in the preceding quarter and 3.1% in the same period of 2022. Notably, Bulgaria and Romania recorded the lowest job vacancy rates during this period, standing at 0.7% in both countries, BTA reported.
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022
The most recent data from Eurostat, released on Thursday, indicates that in 2022, life expectancy at birth within the European Union is on an upward trajectory compared to the years preceding the pandemic. Nonetheless, it still falls short of the levels observed in 2019.
Product price reduction starting Friday
Measures combating rising prices will be implemented across 3,000 consumer products from Friday, March 1.
Specifically, the new measures imposed will reduce the discounts enjoyed by supermarket suppliers and transfer reduction to the consumer, who should see a drop in prices of up to 30%.
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EU Unemployment Rate Reaches Historic Low: Bulgaria Reports Notable Decline to 4.3%
In a significant turn, the unemployment rate across the Eurozone hit a remarkable record low of 6.4% in November 2023, marking a decline from the previous 6.5% in October and notably lower than the 6.7% reported a year earlier in November 2022.
Bulgaria Approaches 62% of Average European Income
Recent figures from Eurostat, cited by the Institute for Market Economy, highlight Bulgaria's progression to 62% of the average European income and standard of living. This updated data for 2022 reflects a 12% growth over the past five years, signaling a positive trend for the country's economic standing.
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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.
Bulgaria's Health and Welfare Spending Trails Behind EU Average in 2022
Recent findings from Eurostat, the European statistics agency, have unveiled disparities in social protection and healthcare spending among EU member states. In 2022, the average expenditure across the EU nations, measured as a percentage of GDP, was recorded at 8.1%. However, this marked a decline of 0.4 percentage points from the previous year's figures.
EU greenhouse gas emissions drop 5% in the second quarter
Greenhouse gas emissions in the European Union fell by more than 5% in the second quarter of 2023, with the biggest decline recorded in electricity and gas supply, statistics agency Eurostat said on Wednesday.
Inflation seen rebounding
Eurostat estimated on Tuesday that European Union-harmonized inflation rose considerably in October to reach 3.9%, which is mainly attributed to food price hikes after a few weeks of natural disasters that mainly struck central Greece.
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Inflation falls to 3.4% in August
Greece's Harmonized Index of Consumer Prices (HICP) dropped slightly in July, from 3.5% to 3.4%, preliminary data from the European Union's statistics agency Eurostat showed Thursday.
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