Economics

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

Bulgarians are Willing to Spend 90 Cents of each Leva they Earn

Household income and expenditure data in the fourth quarter of 2018 triggered mixed responses. As is often the case with such an opportunity, most media have put the accent on the "bad" - faster spending growth (10.5% on an annual basis) than income, although income growth (7.5%) is significant higher than any changes in the price level.

A macroeconomic dashboard to keep Greece aloft

It is difficult to make progress if you cannot measure it. Some things can't be quantified, such as love, happiness or beauty, but in macroeconomics, measuring things is very important to get an idea of what is going on. Sometimes people have complained to me that macroeconomic policy making is about numbers and not about people - the public does not understand what is being done and why.

Prices rise 0.8pct in January from December 2018, keeping annual inflation rate at 3.3pct

Consumer prices rose by 0.8pct in January 2019 compared to December last year, while annual inflation stood at 3.3pct, amid a rise in food prices by 3.77pct, in non-food goods by 3.29pct and in services by 2.71pct, according to data from the National Institute of Statistics published on Wednesday.

The Total Consumer Confidence Indicator Increases by 1.9% For January 2019

In January 2019, the total consumer confidence indicator increases by 1.9 percentage points compared to its October 2018 level  as for the urban population the increase is 1.0 percentage point and for the rural population - 2.9 percentage points. This was reported by the National Statistical Institute (NSI).

Lately Bulgarian Consumers Believe that Buying a Car or Home is more Affordable

In January, there has been some improvement in consumer intentions to make purchases of durable items such as car, home or home improvement. The comparison relates to the moods 12 months ago, according to the National Statistical Institute (NSI) data from the quarterly consumer survey. In addition, people in smaller settlements are more optimistic than those in the cities, reports Dnevnik. 

Supermarkets expect small increase in sales

Supermarket sector officials are anticipating an average turnover increase of 0.5 percent year-on-year over the first six months of 2019, based on developments in the retail domain and expectations of capitalization in sales and profit terms following the mergers and acquisitions of recent years, according to a survey by the Research Institute of Retail Consumer Goods (IELKA).

Public sector pay deal translates into costlier services

Citing higher labour costs, some of the retirement homes and kindergartens have already hiked up the prices of their services, while higher wages may yet translate into higher supplementary health insurance premiums and in-home support services. However, not all hikes can be blamed on higher wages.

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