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Today, the Bulgarian Socialist Party (BSP) accused the government of manipulating official statistical data on the country's current account, and hence - on the gross domestic product (GDP). The BSP's claim is that in practice one of the main components of GDP - net exports - was overstated in the 2019 data because ...

(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 …

(Click on the infographic for a larger size) Data source: NSI Commentary As seen from the latest data, in February the growth of industrial production and sales accelerated for the second consecutive month after the decline reported in December. Looking at the data, it may seem that the risks in the sector have subsided, but alas, this …

(Click on the infographic for a larger size) Data source: NSI Commentary After the record decline in the last few years in December, the industrial sector returned to growth in the first month of 2019, both in terms of production and sales. In last month's commentary, we mentioned that …

(Click on the infographic for a larger size) The negative developments in the industrial sector over the past two months are most likely due to the deterioration in industrial activity in countries like Germany, which is our main trading partner (more on this in the comment below). Data source: NSI Comment After in …

Regarding industrial production – Industrial production growth remained almost unchanged in November at 1.23% year-on-year. The breakdown of production by sector also shows no significant change compared to October. Only in the mining industry did the decline in production slow down to 2.57% in November from 7.18% in October. …

Author: Lachezar Bogdanov, Industry Watch The openness of an economy is most often measured by the relative importance of foreign trade relative to its size. Some analyses look at the total volume of trade in goods and services relative to gross domestic product, while others focus on the relative weight of exports of goods and …

Author: Kaloyan Staykov In mid-August, the government published for public discussion warmed-up proposals for reform of the drug policy, with the focus on improving access to medicinal products in the country. The problem with access arises mainly for two reasons: parallel export[1] – it is envisaged to create a restrictive list of medicines whose export can be …

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 ...

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, ...