Highlights: - In the first quarter of 2017, the average salary grows at a record pace for the last 7 years - The average wage is likely to continue to grow at a similarly fast pace for the rest of the year - Employment reaches one of its highest levels in the last 10 years - Exports grow at the highest rate since 2011 ...
More »Monthly Macroeconomic Monitor: Record industrial growth in recent years
Highlights: - Record levels of growth in industrial production and exports for the last few years - In March, the construction production index grew for the first time since December 2015 - Growth in retail trade sharply accelerated and reached a double-digit level - Producer price inflation weakened, ...
More »Monthly Macroeconomic Monitor: Inflation reaches record levels for recent years
Highlights: - Inflation continues to accelerate, most noticeably in manufactured goods. - In February, retail growth in Bulgaria continues to outpace that in the EU. - Industrial production is growing again, with sales in the extractive industry growing at the highest levels since 2011. - The construction sector is starting to emerge from the prolonged period of …
More »Monthly Macroeconomic Monitor: Consumption growth significantly outpaces the EU average
Highlights: Retail trade data indicate that consumption growth is accelerating, likely driven by higher levels of household lending Industrial production and turnover fell year-on-year in January, but mainly due to a base effect Consumer price inflation continues to accelerate, but lags slightly behind …
More »Monthly Macroeconomic Monitor: Strong growth in industry, sharp acceleration in inflation
Highlights: Data indicate faster growth of the Bulgarian economy towards the end of 2016. In December, production in the manufacturing industry on an annual basis grew at the fastest rate since 2011. Growth in industrial turnover reached the highest rate in the last 21 months. Retail trade grows at a strong pace, stimulated by the Christmas holidays…
More »Monthly Macroeconomic Monitor: State of the Bulgarian Economy at the End of 2016
Dear readers, We at EKIP believe that in order for a society to be free and able to navigate the contemporary economic and political situation, it must first and foremost be informed. That is why we have decided to start a new monthly column "Macroeconomic Monitor", in which we present an interactive graphical overview and …
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