National Statistical Institute

Bulgarian Hotels Boast 11.6% Revenue Growth in June 2014

Bulgarian hotels recorded an increase in total revenues in June 2014, despite the drop in the number of tourists, data obtained by the National Statistical Institute indicates.

The total revenues from nights spent in June reached BGN 144.7M or by 11.6% more compared to June 2013. An increase was registered both in the revenues from Bulgarians-by 13.8%, and from foreigners-by 11.1%.

Bulgaria's Construction Production Sees 5.6% Increase Y/Y

In June, the index of production in the construction sector, calculated on the base of seasonally adjusted data, was 0.1% above the level of the previous month.

According to the preliminary data of the National Statistical Institute, in June 2014 there was an increase by 5.6% in the construction production, compared to the same month of 2013.

Bulgaria's Business Climate Indicator Tumbles in July

In July the total business climate indicator decreased by 3.2% compared to its level from June, according to the latest data released by the National Statistical Institute.

The decline is due to the more unfavorable business climate in all observed sectors – industry, construction, retail trade and service sector.