BULGARIAN ECONOMY
The monthly inflation in December 2013 was 0.3%
The consumer price index in December 2013 compared to November 2013 was 100.3%, i.e. the monthly inflation was 0.3%. The annual inflation in December 2013 compared to December 2012 was -1.6%.
The annual average inflation, measured by CPI, in the last 12 months (January - December 2013) compared to the previous 12 months (January - December 2012) was 0.9%.
In December 2013 compared to the previous month the prices of goods and services in the main consumer groups have changed as follows:
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Food and non-alcoholic beverages - the prices remained at the level of the previous month;
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Alcoholic beverages and tobacco - an increase of 0.3%;
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Clothing and footwear - a decrease of 0.3%;
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Housing (rentals, maintenance and repair), water, electricity, gas and other fuels - an increase of 0.1%;
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Furnishings, household equipment and routine maintenance of the house - the prices remained at the level of the previous month;
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Health - an increase of 0.1%;
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Transport - an increase of 1.1%;
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Communications - a decrease of 0.2%;
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Recreation and culture - an increase of 3.4%;
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Education - the prices remained at the level of the previous month;
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Restaurants and hotels - an increase of 0.4%;
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Miscellaneous goods and service - an increase of 0.1%.
Data about Harmonized index of consumer prices (HICP) and Price index of a small basket (PISB) HERE
Source: National Statistical Institute
NEWS FROM BCCI
Regular meeting of the EU Club with BCCI on the occasion of the assumed by Greece rotating presidency to the EU Council
Members of the EU Club are diplomats, representatives of the business, media etc.
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The BCCI Survey on the intended business trips for 2014
Bulgarian businesses aim mostly to Germany, Russia and Turkey for conducting their business trips
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Representatives of the World Bank discussed with BCCI the possibilities of improving the business environment
The Bank is interested in the Chamber’s opinion about the social and economic processes in our country
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UPCOMING EVENTS
Business to Business and Technology Transfer Meetings - IndustryMatchMaking 2014
Inter Expo Center, Sofia, 6th March 2014
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TENDERS & OFFERS
The company Gabinvest (an affiliate of L&O HUNTING GROUP GmbH) announces offer
BULGARIAN ECONOMY
Fitch ratings affirms Bulgaria’s long-term foreign and local currency Issuer Default Rating at ‘BBB-/BBB’; outlook stable
The report states that the Bulgarian sovereign possesses significant buffers in the form of a Fiscal Reserve Account equivalent to 6.3% of GDP
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Stabilization and diversification are the key priorities in the energy sector in 2014
The Strategic energy projects that the country is working now, will continue to develop in 2014
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Bulgaria’s average unemployment rate in 2013 is 11.3%
The National Employment Agency reports stabilization of the labor market
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The monthly inflation in December 2013 was 0.3%
The annual inflation in December 2013 compared to December 2012 was -1.6%
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INVESTMENT NEWS
BGN 1.2 bln projects in Bulgaria’s car manufacturing sector
They will open at least 8,500 new jobs
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Nexans Autoelectric opens 600 new jobs in Pleven
The company will set up a modern assembly facility
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