All News on Economics in Bulgaria

Is Bulgaria In For Higher Staples Prices as Gas Prices Rocket

In the studio of "Hello, Bulgaria" talkshow financier Emil Harsev and economist Stoyan Panchev commented on whether Bulgaria should expect a new leap in the prices of staples due to the appreciation of natural gas.I expect the prices to rise tby over 12 %. Harsev predicted.

Bulgaria is at the Forefront of Gender Equality Ranking in Labor Law

"The world economy today is $ 160 trillion poorer, because women in the world are still not completely equal with men, which I call one of the most expensive problems mankind faces." With these words, World Bank Chief Executive and World Bank President Kristalina Georgieva launched the forum, where the report "Women, Business and Legislation 2019: A Decade of Reforms" was presented, reports Cap

CITUB Calls on State Authorities to Make Electricity Market More Predictable

At an extraordinary sitting of the National Council for Tripartite Cooperation employers and syndicates voiced their concern with the situation on the electricity market and the substantial increase in the price of electricity for industrial consumers, reported the Bulgarian National Radio. 

Production Prices are Jumping 6.8% in a Matter of Just One Year

The National Statistical Institute reports a robust rise in producer prices in June this year compared to the same month of 2017. The total producer price index in June increased by 6.8% on an annual basis, which is a prerequisite for accelerating consumer inflation in Bulgaria.

1/3 of Homes and Apartments in Bulgaria are Uninhabited

Nearly 1.2 million homes in Bulgaria are uninhabited. This is approximately 1/3 of the total number of homes in Bulgaria. In the capital, the "dark windows" are close to 24%, but in rural areas the percentage is far higher - up to 43, reports sega. 

Bulgaria Posted No Inflation in November

The year-on-year inflation rate of Bulgaria was 0% in November and deflation was registered since the beginning of the year, according to national statistics.

Between December 2015 and November 2016, the rate was -0.5%.

Bulgaria's Non-EU Exports 10.6% Down in Jan-Oct

Exports to third countries have shrunk by 10.6% between January and October compared to the same period of last year, national statistics show.

The amount exported for that time was BGN 11.973 B, with Turkey, Macedonia, Serbia, China, Russia and the US being the main non-EU partners for Bulgarian goods.

Bulgaria's Exports to EU Grew 6% in Jan-Sept

Bulgarian exports to the European Union increased by 6% between January and September compared to the same period of last year, national statistics show.

Exports amounted to BGN 23.0345 B in the first nine months of the year, according to preliminary data of the National Statistical Institute (NSI).

Economic Downturn Expected in Bulgaria in 2017

Political instability in Bulgaria is likely to mar optimistic forecasts for economic growth next year, said economists from the Institute for Market Economics.

 According to the latest expectations of the European Commission and the International Monetary Fund, the growth of Bulgaria's economy will be around 2.5% - 3% in 2017.

Foreign Investment in Bulgaria Amounted to EUR 1.3 B in Jan-Sept

Foreign direct investment (FDI) into Bulgaria was 21% less in the first nine months of 2016 compared to the same period of last year, central bank statistics show.

According to data from the Bulgarian National Bank (BNB), FDI for January - September 2016 amounted to EUR 1.3 B, which is 2.8% of Bulgaria's gross domestic product (GDP).