(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 …
More »Industrial growth improves significantly in October 2018
Regarding industrial production - Industrial production recorded a slight growth of 1.55% year-on-year in October after declining in September. The improvement was the result of more positive indicators in all three major sectors (manufacturing, mining and energy). However, the most influential improvement was in manufacturing, where …
More »Infographic: Industrial production falls in September 2018
In terms of industrial production, NSI data show that the sector recorded its most serious decline since February. This is mainly due to a serious slowdown in the growth of production in the manufacturing industry to 0.78% from 4.26% in August and, to a lesser extent, to the more severe decline in the production and distribution of …
More »Infographic: Industrial sector slows in August 2018
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 »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 …
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