BULGARIAN ECONOMY
The latest issue of the Monthly Report on Bulgarian Economy was released
The November 2017 issue of the Monthly Report on Bulgarian Economy was released. It assesses the short-term dynamics of main economic indicators.
GDP growth in Q3 2017 reached 3.8% yoy (n.s.a. data) driven by domestic demand and gross fixed capital formation, while net export had a negative contribution. On the supply side, GVA increased by 3% yoy in Q3 compared to 4.1% yoy in Q2, the deceleration was due to lower growth in construction and services. Short-term business statistics again reported somewhat mixed performance in October. Foreign industrial sales showed weaker performance, while the growth of industrial production, construction production index and retail trade accelerated during the month. The assessment of the present business situation of enterprises in all sectors worsened in November, but expectations remained favourable. The consumer confidence indicator returned to growth after some decrease in October. In Q3 2017, employment increased by 2.7% yoy, reporting its highest growth since 2014, largely on the account of agriculture. Registered unemployment rate went up by 0.2 pps mom to 6.9%.
The entire document can be downloaded here.
NEWS FROM BCCI
Unemployment in Bulgaria is one of the lowest in the Balkans, according to an analysis of BCCI
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BULGARIAN PRESIDENCY OF THE COUNCIL OF THE EU
New Year’s Gala Concert gave the start of the Bulgarian Presidency of the Council of the EU
With works of composers from all 28 EU Member States
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“Abecedarium Bulgaricus” – Bulgarian art installation in the EU Council building in Brussels
To mark the start of the first Bulgarian Council Presidency in January 2018
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BULGARIAN ECONOMY
The latest issue of the Monthly Report on Bulgarian Economy was released
It assesses the short-term dynamics of main economic indicators
MoreNatural gas price rises in first quarter of 2018
Prices of heat energy will remain unchanged until the end of the heating season
MoreTotal Producer Price Index in November 2017 increased by 0.6% compared to the previous month
Compared to the same month of 2016 the prices rose by 5.7%
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TOURISM AND TOURISM INDUSTRY
Bulgaria reports foreign tourists growth
A growth of 7.3% in the number of foreign tourists for the period January-November
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ANNOUNCEMENTS
Bulgarian public holidays and non-working days for 2018
