Macroeconomic Monitor

| Full text of the analysis | In the conditions of a historic inflationary and energy crisis in Europe, the state and development of the Bulgarian economy is of particular interest. The almost unprecedented economic circumstances in which we find ourselves require more careful and in-depth regular analyses of the macroeconomic situation in the country, in order to build …

(Click on the infographic for a larger size) Source: NSI Comment The latest NSI data show that industrial production fell for the fourth consecutive month in September by 0.14% year-on-year. It is noticeable that the decline is slowing, so we may see some growth in October, but we doubt that this …

(Click on the infographic for a larger size) Source: NSI Comment New NSI data show that industrial production fell for the third consecutive month in August by 1.33% year-on-year, compared to 1.03% in July. All major subsectors – mining, manufacturing and energy – reported a decline in August. More importantly …

(Click on the infographic for a larger size) Data source: NSI Comment: The latest NSI data show that industrial production continued to decline in July, but at a slower pace compared to June. This slowdown is due to a combination of factors. First of all, production in the extractive industry is recovering …

Source: NSI Comment: In July, consumer price inflation accelerated slightly to 2.93% on an annual basis, from 2.83% in the previous month, according to the latest NSI data. Despite the slight acceleration, inflation remains below the 3% level it has been at over the past year, and June and July are the first two consecutive months …

(Click on the infographic for a larger size) Data source: NSI After a serious slowdown in growth in May, the latest NSI data show that industrial production and sales completely collapsed in June. Both production and sales are reporting record levels of decline for the last 5-10 …

Source: NSI Comment: In June, consumer price inflation slowed significantly to 2.83% year-on-year from 3.51% in May, according to the latest NSI data. This is the lowest inflation rate recorded since the beginning of the year. Inflation slowed in both food and non-food goods, as well as …

(Click on the infographic for a larger size) Data source: NSI Commentary The latest NSI data show a significant slowdown in the industrial sector growth in May, due mainly to weakness in the manufacturing industry and sales on the domestic market. The decline in energy production may be due to the more favorable …

Source: NSI Comment: In May, consumer price inflation slowed slightly to 3.51% year-on-year from 3.68% in April, according to the latest NSI data. There is no change in which types of goods are experiencing the highest price increases – food and beverages continue to be at the top …

Source: NSI Comment: In April, consumer price inflation slightly accelerated and reached 3.68% on an annual basis, compared to 3.60% in March, according to the most recent NSI data. For the second consecutive month, the most serious growth was reported by food and beverage prices – 5.76%, compared to 5.61% in March. Meanwhile, …