National Statistical Institute
Bulgarian Hoteliers' Revenue Jumped 70% in February
More tourists, more overnight stays, mainly in hotels of a higher category, and a significant increase in the income of hoteliers, reports the National Statistical Institute in February.
Bulgaria: Exports in January and February Increased by nearly 14 percent
In January and February 2023, goods worth BGN 14,769,300,000 billion were exported from Bulgaria, which is 13.9% more than in the same period of 2022. This is shown by the data of the National Statistical Institute (NSI).
For February, the export of goods amounted to BGN 7,193,200,000 billion and increased by 7.2% compared to the same month last year.
Bulgarians Celebrate Palm Sunday
The Orthodox world celebrates one of the great Christian holidays - the Entry of the Lord into Jerusalem. Days before his death on the Cross, Jesus Christ was solemnly welcomed in the holy city. The crowd greeted him with palm branches. This is how the tradition of distributing consecrated willow branches in temples was established.
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Slowdown of Annual Inflation in Bulgaria to 16% in February
In February, annual inflation in Bulgaria slowed down to a 9-month low of 16.0% compared to 16.7% in January, according to the data of the National Statistical Institute. This is the lowest annual inflation rate since May 2022.
On a monthly basis, however, there was an increase in consumer prices by 0.8% compared to the first month of 2023, when inflation rose by 1.4%.
Ukraine is Number 2 in Bulgaria's Exports outside the EU
In the year Russia invaded Ukraine, the defending country became the second most important destination for Bulgarian exports outside the EU, "blowing away" Serbia and the USA. This is shown by the preliminary data of the National Statistical Institute for 2022.
In 2022: The Bulgarian Economy Grew Less than Expected according to Preliminary Data
The economy of Bulgaria has grown by 3.4% in 2022. This is shown by the preliminary data of the National Statistical Institute (NSI). The expectations of the European Commission and the IMF were for a growth of 3.9%, but the statistics are subject to correction over time.
Over 75% of Bulgarians with Difficulties to Cover their Daily Expenses
In the fourth quarter of 2022, as well as in the previous three quarters of last year, more than 75% of Bulgarians have difficulty covering their daily expenses, according to the results of a recent study by the National Statistical Institute.
Bulgaria: The Business Climate in Industry and Commerce is Improving
The business climate in industry and commerce in Bulgaria improved in January, while it worsened in construction and services. Thus, the general indicator remains unchanged compared to December 2022, announced the National Statistical Institute.
Bulgaria: Over 31% Jump in Electricity Production in November 2022
In November 2022, compared to the previous month, a large increase in the production of energy products was observed in Bulgaria - by 31.1%, and the largest decrease was registered in unleaded gasoline - by 13.0%.
Annual Inflation in Bulgaria is 16.9%
Annual inflation in Bulgaria is 16.9%, reports the National Statistical Institute.
Monthly inflation for December 2022 is 0.9%, and annual inflation is 16.9%. Inflation is measured by Consumer Price Index (CPI), with monthly inflation for December 2022 compared to the previous month and annual inflation for December 2022 compared to the same month of the previous year.
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