Eurostat

In June, Bulgaria's services sector saw a monthly production increase of 0.6 percent, while Eurostat data showed a decline in the EU for the same period. Production in the Eurozone's services sector dropped by 0.8 percent compared to May, with the overall EU figure falling by 0.9 percent.

Between 2019 and 2023, the Consumer Price Index rose by 13.4%, while the average wage increased by 20.2%, and the minimum wage by 27.7%.

Inflation edged higher in July, ending a run of decreasing rates. The Consumer Price Index published Friday by the Hellenic Statistics Authority grew 2.7% year-on-year, up from 2.3% in June.

The result was not surprising, at least since the publication of the EU-wide Harmonized Index of Consumer Prices by Eurostat.

The price of renting student accommodation continue to rise.

The new academic year that is just around the corner is causing extra stress for households and parents who are being asked to find accommodation for their children.

Government officials are awaiting Friday's announcement of July inflation figures by the independent statistics authority ELSTAT with some trepidation. 

The working life of the Greeks is relatively short, just over 34 years, a phenomenon that becomes even more pronounced if compared to other countries, such as the Netherlands, Sweden and also Denmark, where people work for over 40 years.

Bulgaria recorded an increase of nearly 29% in the number of nights spent in domestic tourism in the month of May 2024

According to Eurostat, Bulgaria experienced the highest growth in housing prices among EU countries, with a 7.1% increase compared to the last quarter of 2023. This marks the most significant rise in housing prices in Bulgaria since the last quarter of 2007.

In 2023, Bulgarian households remained among the lowest in the EU for consumption of goods and services. According to Eurostat's latest data, Bulgaria's "actual individual consumption" (AIC) was 27% below the EU average, placing it at 73% of the European level. In contrast, Luxembourg's AIC was 38% above the EU average, reaching 138%.

Greece's harmonized index of consumer prices dropped in May to below the average inflation in the eurozone for the first time since last September, according to Eurostat estimates.