BULGARIAN ECONOMY
In August 2018 the monthly inflation was 0.1%
The consumer price index in August 2018 compared to July 2018 was 100.1%, i.e. the monthly inflation was 0.1%. The inflation rate since the beginning of the year (August 2018 compared to December 2017) has been 1.8% and the annual inflation in August 2018 compared to August 2017 was 3.5%.
The annual average inflation, measured by CPI, in the last 12 months (September 2017 - August 2018) compared to the previous 12 months (September 2016 - August 2017) was 2.6%.
In August 2018 compared to the previous month the prices of goods and services in the main consumer groups changed as follows:
• Food and non-alcoholic beverages - the prices remained at the level of the previous month;
• Alcoholic beverages and tobacco - an increase of 0.1%;
• Clothing and footwear - a decrease of 3.8%;
• Housing, water, electricity, gas and other fuels - an increase of 0.4%;
• Furnishings, household equipment and routine maintenance of the house - a decrease of 0.2%;
• Health - an increase of 0.1%;
• Transport - an increase of 0.6%;
• Communications - an increase of 0.3%;
• Recreation and culture - an increase of 0.5%;
• Education - the prices remained at the level of the previous month;
• Restaurants and hotels - an increase of 0.4%;
• Miscellaneous goods and service - an increase of 0.6%.
Source: National Statistical Institute
NEWS FROM BCCI
BCCI announced the ranking “TOP 100 - Companies leading in the Bulgarian economy”
The first 50 companies in the ranking achieve average profit growth of 562% in 2017 Още
The ambassador of Denmark visited BCCI
A visit to Bulgaria by representatives of Danish companies is expected in October Още
The Bulgarian Chamber of Commerce and Industry is organizing a business delegation which will attend the 3SI Forum in Bucharest
The forum will give a chance for fostering connection of business communities in the region Още
A delegation from Iraqi Kurdistan visited BCCI
Discussion on the trade and economic relations between Bulgaria and Iraq Още
INVESTMENT NEWS
The Latécoère Group has opened a new manufacturing plant in Bulgaria
The facility will operate as an assembly plant for avionic racks and aerostructures sub-assemblies Още
Ansa Borima opens 200 new jobs in Lovech
The company will rent the premises in the Northern Industrial Zone Още
Two large software companies open development centers in Sofia
The Singapore-based Acronis and the Munich-based Devexperts Още
BULGARIAN ECONOMY
In August 2018 the monthly inflation was 0.1%
The annual inflation in August 2018 compared to August 2017 was 3.5% Още
Bulgaria remains among the Top 20 most attractive outsourcing destinations
On the basis of three indicators – financial attractiveness, availability and qualification of staff and business environment Още
Bulgaria expects wheat crop of 5.4 million tonnes
Enough for country's wheat balance Още
BULGARIAN FIRMS ENTER A FOREIGN MARKET
13 Bulgarian companies at the Thessaloniki Fair
Presenting their production among 1500 exhibitors from over 20 countries Още
Spirits producer Vinprom Peshtera (VP) Brands International has identified Kenya as its launch pad for expanding into the rest of Africa
ANALYSIS AND PROGNOSIS
Skills mismatches – an impediment to the competitiveness of EU businesses
The study was prepared by the Institute for Market Economics, Bulgaria Още
