BULGARIAN ECONOMY
The monthly inflation in June was -0.4%
The consumer price index (CPI) in June 2020 compared to May 2020 was 99.6%, i.e. the monthly inflation was -0.4%. The inflation rate since the beginning of the year (June 2020 compared to December 2019) has been -1.0% and the annual inflation in June 2020 compared to June 2019 was 1.6%. The annual average inflation, measured by CPI, in the last 12 months (July 2019 - June 2020) compared to the previous 12 months (July 2018 - June 2019) was 2.7%.
In June 2020 compared to the previous month the prices of goods and services in the main consumer groups changed as follows:
• Food and non-alcoholic beverages - a decrease of 0.9%;
• Alcoholic beverages and tobacco - an increase of 0.2%;
• Clothing and footwear - a decrease of 0.9%;
• Housing, water, electricity, gas and other fuels - a decrease of 0.1%;
• Furnishings, household equipment and routine maintenance of the house - an increase of 0.7%;
• Health - the prices remained at the level of the previous month;
• Transport - a decrease of 0.5%;
• Communications - an increase of 0.3%;
• Recreation and culture - a decrease of 1.8%;
• Education - a decrease of 0.2%;
• Restaurants and hotels - an increase of 0.8%;
• Miscellaneous goods and service - a decrease of 0.2%.
NEWS FROM BCCI
BCCI: Bulgaria’s entry into ERM II is a positive and significant fact for the country
Review of the active projects of the Lebanese – Bulgarian Business Council at BCCI
Real estate investments, import of Bulgarian goods in Lebanon and neighbouring countries More
Project ERIAS – examples of positive integration in the labour market
Ukrainian Anastasiia Dehtiarova: Bulgaria is a hidden gem for foreigners, still not so popular so there are many opportunities for new projects especially in her business field More
The Balkans International Wine Festival 2020 again in the heart of Sofia
Bulgarian Chamber of Commerce and Industry is a partner of the initiative More
BULGARIAN ECONOMY
The monthly inflation in June was -0.4%
The annual inflation in June 2020 compared to June 2019 was 1.6% More
LABOUR POLICY
Bulgaria: Increase in the hourly wage for night work with at least 1 BGN
From January 1, 2021, the new rate will be four times higher than the previous one More
FINANCE
Bulgaria joins the ERM II Exchange Rate Mechanism
The euro can replace the lev in 2023 More
The interest-free loans approved by commercial banks in Bulgaria for individuals reached nearly BGN 50 million
The average value of the loans is BGN 4,200 More
BNB has approved an extension of the moratorium on payments
Extension of the deadline for submitting a request by bank customers for deferral of liability More
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