The economic situation in the country has stabilized in 2022. Managers in all spheres continue to expect a rise in prices in the coming three months, the latest National Statistical Institute business climate report shows.
The growth forecasts in industry are for a 2.1 point rise in July compared to June, when the rise was by 1.7 points. The unstable markets and staff shortages remain a problem in the sector. Businesses have lower expectations in construction – by 2.9 points – which eradicates the 2.1-point growth in June. The growth outlook in retail trade is up by 0.7 points, after a 1 point rise a month earlier. In the service sector, the index is the same as in June.
Bulgaria’s industry is being transformed in the direction of high added value productions, reads an analysis by the Institute for Market Economics. This tendency is best manifested in computer science, electronics and optics which account for the..
Acceleration of inflation to 1.1% in October compared to the previous month was registered by the National Statistical Institute. On an annual basis, the index is 1.8 percent. In October, the prices of goods and services for..
A working group comprising representatives of employers, trade unions and government experts is discussing the proposals of the Ministry of Labor and Social Policy for introducing a new mechanism to determine the minimum wage. This is happening a day..
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