Two weeks ago, the United Patriots deputies introduced a bill in the National Assembly aimed at restricting the sale and advertising of lottery tickets. It even went so far as to say that Bulgaria's Deputy Prime Minister for Economic Affairs called for the introduction of a VAT on lotteries - something that is widely known...
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 »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...
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 »
EKIP– Expert Club for Economics and Politics A Different Opinion