Dear readers, from EKIP we are officially restarting our column "Monthly Macroeconomic Monitor"! The new format of the column will be a series of infographics that will be published each month after the publication of the relevant data from the NSI. Each infographic will focus on a different sector or a key indicator for the Bulgarian economy. The first months …
More »The construction boom is reaching pre-2008 levels.
Highlights: - Construction production accelerates sharply in January, reaching record levels for the last 10 years - Consumer inflation accelerates, that of industrial goods slows down - Housing lending continues to accelerate and also grows at record levels for the last years - Industrial sales and production grow by …
More »The past year 2017 marked a boom in growth in all sectors of the economy.
Highlights: - Construction production falls in December, but it is still early to talk about a reversal of the strong upward trend in the sector - Inflation also slows, both in consumer and manufactured goods, but remains high - Lending accelerates slightly, with housing lending growing at the fastest pace towards …
More »Inflation reaches its highest level since 2013
Highlights: - Higher consumption leads to an acceleration in the pace of inflation in almost all categories of consumer goods and services - Lending to non-financial corporations slows, but consumer credit remains high and supports inflation - Construction production grows again at a double-digit pace, thanks to a recovery in engineering construction - Growth in …
More »Lending growth inflates dangerous construction bubble
Highlights: - Growth in construction production slows slightly but remains significantly above the average levels for recent years - According to the EC, a bubble is forming in the construction sector, which is stimulated by cheaper mortgage lending - Consumer inflation continues to accelerate, inflation of manufactured goods remains unchanged - Industrial production ...
More »Labor shortages are becoming increasingly severe in industry and construction
Highlights: - With pre-crisis employment levels reaching new lows, labor shortages are becoming increasingly serious in some sectors - Building construction growth continues to pull ahead, most likely due to inflation in property prices - Inflation continues to accelerate in late summer and reaches …
More »Inflation returns in the summer months
Highlights: - Higher inflation in both manufactured and consumer goods for the first time since April - In the industrial sector, this is mainly due to higher inflation in energy products - Retail trade continues to grow at a high and stable pace, which slowed slightly in …
More »Growth is weakening across all sectors, but the longer-term trend is positive
Highlights: - Growth slowed in all sectors in June, but the average level for the first half of the year is significantly higher than that reported in 2016 - Despite the slowdown, the growth rate in all sectors in our country remains above the EU average - The recovery in the construction sector continues at a strong pace, but there are …
More »Monthly Macroeconomic Monitor: Growth reaches pre-crisis levels in all sectors
Highlights: - Industrial production growth reaches highest levels since 2011. - Industrial and retail turnover growth also - Inflation slows down, both in consumer and producer prices - Entrepreneurs are more pessimistic about the next three to six months In May and …
More »Macroeconomic Monitor: Growth in all sectors slows in April
Highlights: - Growth is slowing across all sectors, with retail remaining the highest - Consumer price inflation is slowing, but manufacturing inflation is accelerating - Credit is growing at the fastest pace since 2012 - We expect producer price inflation in industry to rise...
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