Macroeconomic Monitor
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macroeconomics

EKIP in the media about the cap on cash payments and the coming recession

Media appearances in August covered the presentation of our new study against the restriction of cash payments, healthcare, is a new economic recession coming, and the accuracy of drug tests used by the traffic police. The latest economic analysis of the EKIP - "Regulations on cash payments and their effects" presents evidence that ...

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Infographic: Food prices rise at highest rate since 2013

Source: NSI Comment: In March, consumer price inflation continued to accelerate and reached 3.60% on an annual basis, compared to 3.22% in February, according to the latest NSI data. The most serious growth is already being reported in the prices of food products and non-alcoholic beverages, which reach 5.61%, while prices for entertainment …

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Infographic: Food inflation reaches 5% in February

Source: NSI Comment: In February, consumer price inflation accelerated to 3.22% on an annual basis from 2.96% in January, according to the latest NSI data. The most serious growth continues to be reported in prices in the "entertainment and culture" category, although in February there was a slowdown compared to the inflation reported in the previous month ...

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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 …

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Monthly Macroeconomic Monitor: Growth reaches pre-crisis levels in all sectors

the growth of the Bulgarian economy

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 …

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Macroeconomic Monitor: The average salary in Bulgaria exceeded 1,000 BGN.

average salary

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 ...

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Monthly Macroeconomic Monitor: Record industrial growth in recent years

industrial growth

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, ...

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Monthly Macroeconomic Monitor: Inflation reaches record levels for recent years

inflation

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 …

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Monthly Macroeconomic Monitor: Consumption growth significantly outpaces the EU average

consumption growth

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 …

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