Nr. 8 (354), 22-02-2019
Weekly Bulletin
ISSN 1314-5339

Currency
    HOME  INFORMATION  ARCHIVE  CONTACT  BCCI  


BULGARIAN ECONOMY

The monthly inflation in January was 0.5%


According to the preliminary data of the National Statistical Institute (NSI), the consumer price index in January 2019 compared to December 2018 was 100.5%, i.e. the monthly inflation was 0.5%.

The annual inflation in January 2019 compared to January 2018 was 3.0%. The annual average inflation, measured by CPI, in the last 12 months (February 2018 - January 2019) compared to the previous 12 months (February 2017 - January 2018) was 2.9%.

  • Transport - a decrease of 2.8%;
  • Communications - an increase of 0.2%; 
  • Recreation and culture - an increase of 5.6%; 
  • Education - the prices remained at the level of the previous month;
  • Restaurants and hotels - an increase of 0.3%;
  • Miscellaneous goods and service - an increase of 0.2%.

According to the preliminary data of the NSI, the harmonized index of consumer prices in January 2019 compared to December 2018 was 100.0%, i.e. the monthly inflation was 0.0%. The annual inflation in January 2019 compared to January 2018 was 2.2%. The annual average inflation, measured by HICP, in the last 12 months (February 2018 - January 2019) compared to the previous 12 months (February 2017 - January 2018) was 2.7%.

According to the preliminary data of the NSI, the price index of a small basket in January 2019 compared to December 2018 was 101.1%.

In January 2019 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 2.1%;
  • Non-food products - a decrease of 0.1%;
  • Services - an increase of 0.6%.
NEWS FROM BCCI
The EU – Japan Economic Partnership Agreement in the focus of a meeting with H.E. Masato Watanabe
Economic benefits for the EU and Bulgaria More
BCCI and UNIMPRESA – Italy discuss specific areas for cooperation
For the benefit of SMEs from Bulgaria and Italy More
Meeting with a delegation from Qashqadaryo Region, Uzbekistan
Interest for cooperation in the sectors: tourism, industry, agriculture, education, medicine, construction materials More
Calendar of Fairs and Exhibitions in Bulgaria 2019 – a source of business information for every company
Information in Bulgarian and English about the fairs, exhibitions and festivals in the country More
PROGRAMMES & PROJECTS
EUR 1.415 billion is planned for the development of innovation
In 4 priority areas where Bulgaria has the economic, scientific and technical capacity for smart specialization More
BULGARIAN ECONOMY
Shell transfers to Repsol 20% of oil and gas exploration rights in Han Kubrat Offshore Bulgaria
The Council of Ministers granted permission to the transfer More
The monthly inflation in January was 0.5%
Annual inflation in January 2019 compared to January 2018 was 3.0% More
INVESTMENT NEWS
AtScale will invest USD 25 Million in Bulgaria
The ambition of the company is that in the next year its team in Bulgaria will be about 40-50 people More
Irish giant acquires the corrugated plant in Lukovit
Smurfit Kappa wants to acquire 100 percent of the Bulgarian company Vitalvel AD More
FINANCE
Bulgarian development bank with a new product to support private farmers
The on-lending program will be implemented through mutual agricultural credit cooperatives More