Price indices

Economic morale skids to 98.2 points in February

Economic confidence index dropped 2.6 percent month on month in February, according to figures released by the Turkish Statistical Institute (TÜİK) on Feb. 25.

From 100.8 last January, the index fell to 98.2, official data showed. A rating above 100 indicates an optimistic outlook for the overall economic situation, while a value below 100 indicates a negative assessment.

Bulgaria: Fruits and Vegetables are becoming more Expensive

Every regular consumer of fruits and vegetables has found that with each passing summer when many of these products are in real season, they become more expensive. And this is despite the frequent complaints of local producers about unregulated and cheaper imports or subsidized by the state.

Turkey's annual inflation rate at 19.89% in October

Turkey registered an annual increase of 19.89% in consumer prices in October, the country's statistical authority announced on Nov. 3. 

The annual inflation rose by 0.31 percentage points from 19.58% a month ago, while the figure was 11.89% in October 2020, the Turkish Statistical Institute (TÜİK) said.

Forecast: Basic Food Prices in Bulgaria will Rise by Another 7% by the End of the Year

Basic food is expected to rise by another 7% by the end of the year. This is predicted by the chairman of the State Commission on Commodity Exchanges and Markets Vladimir Ivanov. However, despite the high prices of electricity and natural gas, there will be no sharp jump. The reasons are the competitive market and shrinking consumption.

Bulgaria: Manufactured Goods Shot up 18% in August

In August 2021, production prices in Bulgaria increased by 3% compared to the previous month and recorded a record growth on an annual basis of nearly 18% as a result of a sharp jump in energy prices, according to data from the National Statistical Institute, quoted by BNR. They are also evidence of a continued rise in inflation in the coming months.

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