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.

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'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.

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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