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.
Germany remains Bulgaria's strongest economic partner. Trade between the two countries for 2024 amounts to EUR 12 billion, said Tim Kurth, President of the German-Bulgarian Chamber of Industry and Commerce. At a ceremony held at the University of..
Bulgaria can meet the convergence criterion for price stability, needed for entering the Eurozone, in January 2025 and continue to meet it throughout the rest of the year, the Bulgarian National Bank (BNB) states in its macroeconomic outlook,..
"The state should buy Lukoil. Then it can look for partners if it wants. If it wants to operate it on its own, that’s fine too. Bulgarians should have cheap fuel", the leader of DPS-New Begining Delyan Peevski told journalists in parliament...
In 2024, the average gross annual salary in Bulgaria is 27,881 BGN (EUR 14,255), according to preliminary data from the National Statistical Institute...
Bulgaria has favorable climatic conditions for producing electricity from the su n, even in the transitional seasons of spring and autumn. One of the..
A Bulgarian-Greek Business Forum with the participation of nearly 60 companies from both countries has opened today in Sofia . The forum is organized by..
+359 2 9336 661