BULGARIAN ECONOMY
Quarterly labour cost index - First quarter of 2013
Preliminary data of the National Statistical Institute (NSI) for the First Quarter of 2013 indicated that the total hourly labour cost rose by 4.7% compared to the First Quarter of 2012. The total hourly labour cost grew by 4.2% in industry and by 4.8% in services. In construction the total hourly labour costs decreased by 0.4%.
The breakdown by economic activities showed that the highest annual growths in total labour costs were recorded in ‘Accommodation and food service activities’ - 11.7%, ‘Public administration and defence; compulsory social security’ - 10.2% and ‘Information and communication’ - 10.0%. Decrease in total labour costs was observed in ‘Arts, entertainment and recreation’ by 2.7% and ‘Other service activities’ by 1.9%.
In the structure of the total labour costs, the wages and salaries costs per hour worked grew by 4.5% in comparison with a year earlier, while the other (non-wage) costs rose by 5.3%. Among the economic activities in the First Quarter of 2013 compared to the First Quarter of 2012 the growth rate of wages and salaries component ranged from (-3.2%) in ‘Arts, entertainment and recreation’ to 12.4% in ‘Accommodation and food service activities’.
NEWS FROM BCCI
Transparency of public procurement was discussed with representatives of the U. S. Department of Commerce
BCCI brought suggestions on improving the public procurement administration
ОщеForthcoming conference dedicated to creating new opportunities for business and trade relations with Ukraine
The Free Trade Agreement between the EU and Ukraine is expected to be signed at the Eastern Partnership Summit in Vilnius in November 2013
ОщеThe Ambassador of the Slovak Republic visited the Bulgarian Chamber of Commerce and Industry
Initiatives for intensification of the cooperation between Bulgarian and Slovak companies were discussed at the meeting
ОщеOpening of the Information Exchange Centre under the “CONNECTION” project
The subject refers to the information exchange, knowledge and good practices in the state, private and public sector in the cross-border region
Още
INVEST IN BULGARIA
Building of Sofia – Bozhurishte Economic Zone has started
German company Behr-Hella Thermocontrol GmbH is the first tenant in the Sofia – Bozhurishte Economic Zone
ОщеСonstruction of a new lift facility in Pamporovo winter resort has started
BULGARIAN ECONOMY
Urgent measures for stabilization and improvement of the living conditions of Bulgarian citizens and for creating better business climate
The National Assembly has approved the proposed by the cabinet urgent measures for stabilization….
ОщеThe Minister of Finance: For the moment we are not considering any budget revision, but only optimisations
Quarterly labour cost index - First quarter of 2013
The total hourly labour cost grew by 4.2% in industry and by 4.8% in services
Още
REGIONAL COOPERATION
Bulgaria and Romania launched Danube Bridge 2 with a grand ceremony
The first month of the operation of Danube Bridge 2 will be free of charge
Още
