In May, the economic situation in the country improved for a second month in a row. There was an improvement in retail trade, construction and services, but there was a decline marked in industry.
In construction, industry and services, no price changes are expected in the next 3 months, while retailers anticipate a slight increase, according to the National Statistical Institute. The general indicator of the business climate in May rose by 0.6 points in comparison to April, when it also rose by 1.8 points. The business climate for the fifth consecutive month since the beginning of 2024 remains above the long-term average and is now 25.4%. Industrial companies are having trouble securing orders, construction companies are complaining about rising prices of materials and customers with payment problems, while retailers are optimistic about sales, according to a survey among managers.
Bulgaria’s Minister of Finance Temenuzhka Petkova said that the turnover of large retail chains in Bulgaria decreased by 28.8% on the day of the boycott compared to the previous day, reported BTA. Temenuzhka Petkova took part in the meeting on..
The highest average salary in Bulgaria is in Sofia - 1732 euro, and the lowest in Smolyan - 826 euro. These are the data from the National Statistical Institute (NSI) for December 2024. Because of the salaries in the capital, the average salary in..
Monthly inflation in the country was 2% in January and annual inflation was 3.7%. This is according to preliminary data from the National Statistical Institute (NSI). The biggest increases were in the prices of heating and utilities. According to the..
Bulgaria’s Minister of Finance Temenuzhka Petkova said that the turnover of large retail chains in Bulgaria decreased by 28.8% on the day of the boycott..
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