The real growth of the gross domestic product (GDP) in Bulgaria for 2023 will be 1.8% compared to 3.9% in 2022. The growth is mainly determined by an increase in private consumption and positive net exports. The change in inventories has a significant negative impact on economic activity. These are the expectations of the analysts from the Bulgarian National Bank (BNB), recorded in the latest quarterly publication "Macroeconomic Forecast".
The lack of sufficient manpower and strong private consumption are the main reasons for inflation, according to the second "Economic Review" of the Bulgarian National Bank (BNB) for the year. Annual inflation is 2.9%, increasing by 2.1% by May 2025..
After months of low inflation and even temporary deflation in April this year, according to official national statistics, the trend abruptly reversed. On July 15, literally days after Bulgaria received a green light from Brussels for..
Bulgaria's entry into the eurozone on January 1, 2026 will not make vacations more expensive. This is what Rumen Draganov, director of the Institute for Analysis and Forecasts in Tourism told the Bulgarian National Radio. The prices..
The lack of sufficient manpower and strong private consumption are the main reasons for inflation, according to the second "Economic Review" of the..
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