In February 2021, the Industrial Production Index and the Construction Production Index remained almost unchanged as compared to the previous month. Meanwhile, the turnover indices in retail trade increased, indicates data of the National Statistical Institute. However, the three economic sectors continue to decline on an annual basis. Industrial Production Index in the mining and quarrying industry increased by 27% on a monthly basis.
Industrial Production Index in electricity, gas, steam and air conditioning supply decreased by 1.5%. Industrial Production Index in the manufacturing industry fell 1.4%. Construction Production Index increased by 0.2% compared to January, but decreased by 4.2% year on year. Turnover indices in retail trade increased by 3% compared to January, except for the retail trade in food, beverages and tobacco products, where a 0.2% decrease was registered.
Housing loans in Bulgaria increased by 24.8% year-on-year, reaching BGN 22.3 billion (EUR 11.4 billion) by the end of June 2024, according to the BGNES news agency. Consumer loans also rose by 14% year-on-year compared to June 2023, reaching BGN..
Bulgaria’s real GDP growth is expected to stand at 2.1% in 2024, indicates the macroeconomic forecast of the Bulgarian National Bank (BNB) in June. Bulgaria’s real GDP growth is expected to stand at 2.1 per cent in 2024, driven by the positive..
The caretaker government has instructed Deputy PM and Minister of Finance Lyudmila Petkova to submit, by 11 September, a proposal for amending the REpowerEU chapters of the recovery and resilience plan. This is being done so as to make the..
Housing loans in Bulgaria increased by 24.8% year-on-year, reaching BGN 22.3 billion (EUR 11.4 billion) by the end of June 2024, according to the BGNES..
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