In June 2022, the economic situation in Bulgaria improved. The overall business climate indicator rose 1.4 percentage points as compared to the previous month, when it fell 0.7 points, the National Statistics Institute announced.
The indicator in the industry sector went up by 1.7 percentage points. In retail trade, the indicator increased with 2.1 percentage points. The indicator in construction went up by 1 percentage point. No change was registered in the service sector.
The uncertain economic environment has affected the development of all sectors. The number of managers, who express expectations that prices would rise in the next 3 months, has increased. More than 50% of the respondents said that prices in construction and retail trade will rise.
The average salary in Bulgaria in the fourth quarter of last year was BGN 2,123 (EUR 1,085), an increase of 13% compared to the same period last year, according to the Ministry of Labour and Social Policy. The average wage is highest in Sofia - BGN..
120,000 people employed in coal-fired power plants are at risk of losing their jobs and are facing emigration, warn experts from the Podkrepa Confederation of Labour . Regarding the Green Deal, trade unionists exchanged experience with their..
The state of the Bulgarian labor market at the end of 2023 points to a tendency towards stagnation. This is the conclusion of an analysis of the Institute for Market Economy. As of mid-2021, the unemployment rate remains in the..
Occasional showers
sunshine, cloud, rain and thunder
Rain