Eurostat
Bulgaria Approaches 62% of Average European Income
Recent figures from Eurostat, cited by the Institute for Market Economy, highlight Bulgaria's progression to 62% of the average European income and standard of living. This updated data for 2022 reflects a 12% growth over the past five years, signaling a positive trend for the country's economic standing.
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Bulgaria's Construction Sector: Notable Decline Surpasses EU Trends
Recent data from Eurostat unveils a significant downturn in Bulgaria's construction industry, showcasing a more pronounced dip compared to the EU's overall production metrics. The released statistics for October 2023 highlight a 1% decrease in construction production in Bulgaria as opposed to a 0.4% decrease across the EU during the same period.
Bulgaria's Agricultural Prices Plummet in Latest Eurostat Report
The European Union's latest agricultural data for the third quarter of 2023 portrays a noticeable downturn in agricultural prices, marking a stark reversal from the prior robust growth trend. Eurostat's statistics highlight a notable decline in prices, particularly in countries specializing in cereal and milk production, such as Bulgaria and Hungary.
Uneven prices in local market
In Greece it is relatively cheaper to smoke and eat meat, while it is better to forget milk, cheese and eggs, as well as olive oil, despite the fact it is produced in large quantities in the country.
If you want to communicate with friends and relatives, it is better for your pocket to see them in person than to call them or make a video call.
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Bulgarian Households Spend Little on Culture
Recent Eurostat findings shed light on Bulgarian households' cultural spending, indicating a meager 1.5% expenditure on cultural goods and services in 2020. This figure, trailing only behind Greece's 1.3%, underscores Bulgaria's position with spending notably below the EU average of 2.6%.
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EU Happiness Report: Bulgaria Hits Rock Bottom, Austria Soars to Happiness Heights!
Bulgarians are the unhappiest nation in the European Union. Austria, Poland and Romania rank in the top 3 of the happiest nations. This is shown by a new survey of the European Union, which is conducted every year by Eurostat. The rating scale goes from 0, which is absolute dissatisfaction with life in the country, to 10, which indicates that things could not be better.
Bulgaria Records Second Lowest Air Travel Increase in EU
Newly released figures from Eurostat reveal a notable surge in Bulgarian air passengers, marking a 74% increase in 2022. Despite this growth, the nation holds the distinction of the EU's second slowest rise, with Cyprus recording a slightly lower increase at 69%.
Bulgaria: 85% of Population Reside in Owned Homes
In the latest Eurostat data disclosed on Thursday, it's been unveiled that a significant 85% of Bulgarians resided in households owning their homes in the year 2022, marking a slight increase from the preceding year's 84.9%. This statistic presents an intriguing aspect of the housing landscape in the country.
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Food prices keep growing
Alarming data emerged for Greece from Eurostat's final data for June's European Union-harmonized consumer price index: Last month Greece recorded the highest monthly increase at 3.3% in prices in the food category not only in the eurozone, but throughout the European Union. In fact, the increase recorded in food prices in June compared to May was even higher than that in Turkey.
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Rebound in home sales in Cyprus
The number of housing transactions in Cyprus increased by 27.4% in 2022 compared to 2021, which was the largest increase recorded in 16 EU countries for which data is available, according to information released by Eurostat, the statistical service of the EU.
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