National Statistical Institute

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.

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%.

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.

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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