BULGARIAN ECONOMY
Bulgaria registers 0.8% deflation Y/Y September 2014
The consumer price index in September compared to August was 99.8%, i.e. the monthly inflation was -0.2%, the latest data revealed by Bulgaria's National Statistical Institute shows.
The inflation rate since the beginning of the year (September 2014 compared to December 2013) has been -1.4% and the annual inflation in September 2014 compared to September 2013 was -0.8%.
The annual average inflation, measured by CPI, in the last 12 months compared to the previous 12 months was -1.6%. In September 2014 compared to the previous month the prices of goods and services in the main consumer groups changed as follows: food and non-alcoholic beverages-an increase of 0.9%; alcoholic beverages and tobacco - an increase of 0.1%; clothing and footwear - a decrease of 0.4%; housing (rentals, maintenance and repair), water, electricity, gas and other fuels-an increase of 0.2%.
The harmonized index of consumer prices in September compared to the previous month was 99.3%, i.e.the monthly inflation was-0.7%. The inflation rate since the beginning of the year has been -1.9% and the annual inflation in September 2014 compared to the same month of 2013 was -1.4%.
The annual average inflation, measured by HICP, in the last 12 months compared to the previous 12 months (October 2012-September 2013) was-1.4%. In terms of HICP, in September 2014 compared to the previous month the prices of goods and services in the main consumer groups changed as follows: food and non-alcoholic beverages - an increase of 0.8%; alcoholic beverages and tobacco - an increase of 0.1%; clothing and footwear - a decrease of 0.2%; housing (rentals, maintenance and repair), water, electricity, gas and other fuels - an increase of 0.1%.
The price index of a small basket in September 2014 compared to the previous month was 100.3% and the overall decrease since the beginning of the year has been 98.9%. In September compared to the previous month the prices of goods and services in the small basket for the 20% households with the lowest income changed as follows: food products-an increase of 0.7%; non-food products - a decrease of 0.1%; services - the prices remained at the level of the previous month.
NEWS FROM BCCI
Bulgarian delegation took part in the European Parliament of Enterprises 2014
Bulgaria’s report on internationalization with a focus on SMEs and for the protection of the economic interests of EU companies on third country markets
ОщеBCCI attended the European Economic and Social Committee Plenary Session
Debate on the future of "Europa" with Valery Giscard d'Estaing, former President of the French Republic
ОщеBulgarian Academy of Sciences celebrated its 145th anniversary
The creation of the Bulgarian Literary Society 145 years ago, whose successor BAS is, represents the flight of a resurrected nation to knowledge and progress
ОщеOpportunities for increased trade and economic cooperation with Nigeria were discussed at the BCCI
Bulgaria may render competent technical assistance and involve into the construction of a modern infrastructure in Nigeria
Още
INVESTMENT NEWS
Foreign direct investment in Bulgaria for January - August 2014 have increased
The biggest investor in the period from January to August this year is Netherlands
ОщеNew factory with foreign investment was opened
The factory is specialized in the production of hummus based salads under the Israeli technology
Още
BULGARIAN ECONOMY
Bulgaria registers 0.8% deflation Y/Y September 2014
The inflation rate since the beginning of the year (September 2014 compared to December 2013) has been -1.4%
ОщеBulgaria’s unemployment rate at 10.5% in September
According to the Employment Agency, there is a lasting upward trend in the number of unemployed people who started jobs in the real economy
ОщеBulgaria ranks world's 20th in internet speed, accessibility
The main reason for the good internet speed in Bulgaria is the fragmentation and competitiveness of the ISP sector in the country
ОщеThe national domain .бг in Cyrillic approved by ICANN
The use of the Bulgarian alphabet on the Internet is a significant step towards the protection of the language and strengthening our cultural identity
Още
BULGARIA AND EU
EU recommends that Bulgaria deregulates electricity prices
Speeding up the construction of gas pipeline connections with the neighbouring countries, recommends the EC in a report
ОщеEU Solidarity Fund: Commission moves to help Serbia, Croatia and Bulgaria after May's major floods
The proposed aid of €10.5m to Bulgaria is to help cover part of the emergency costs incurred by the public authorities
Още
UPCOMING EVENTS
Bulgaria Economic Forum'2014 „Bulgaria on the EU road to 2020”
3 - 4 December 2014, Sofia Hotel Balkan
Още
