BULGARIAN ECONOMY

The Monthly Inflation in December 2019 was 0.7%


The consumer price index in December 2019 compared to November 2019 was 100.7%, i.e. the monthly inflation was 0.7%. The annual inflation in December 2019 compared to December 2018 was 3.8%, the National Statistical Institute (NSI) said in a press release.

The annual average inflation for January - December 2019 compared to the previous 12 months (January - December 2018) was 3.1%.

In December 2019 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 1.1%;
- Housing, water, electricity, gas and other fuels - a decrease of 0.1%;
- Furnishings, household equipment and routine maintenance of the house - an increase of
0.4%;
- Health - an increase of 0.1%;
- Transport - an increase of 1.1%;
- Communications - a decrease of 0.2%;
- Recreation and culture - an increase of 7.5%;
- Education - the prices remained at the level of the previous month;
- Restaurants and hotels - an increase of 0.6%;
- Miscellaneous goods and service - a decrease of 0.5%.

Price index of a small basket (PISB)

The price index of a small basket in December 2019 compared to November 2019 was 100.4% and the overall increase since the beginning of the year (December 2019 compared to December 2018) has been 104.4%.

In December 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 1.1%;
- Non-food products - a decrease of 0.4%;
- Services - the prices remained at the level of the previous month.

NEWS FROM BCCI
The Bulgarian-Cypriot business association was established
Spheres of future mutual interest were discussed, including real estate, tourism, food industry Още
The Charge d'Affairs of the Embassy of the Kingdom of Cambodia in Sofia visited BCCI
Discussion on joint initiatives to promote business cooperation Още
WTCA's General Assembly and B2B session
1-4 March 2020, in Taipei at the Taipei International Convention Center (TICC) Още
PROGRAMMES & PROJECTS
Bulgaria withdraws application form for Struma Motorway through Kresna Gorge
The decision does not stop it, but accelerates the team work Още
ANALYSIS AND PROGNOSIS
OECD presents results of state-owned enterprise governance review in Bulgaria
BULGARIAN ECONOMY
The Monthly Inflation in December 2019 was 0.7%
The annual inflation in December 2019 compared to December 2018 was 3.8% Още
The exports of goods from Bulgaria to third countries increased by 4.5%
Turkey, China, Serbia, the Russian Federation, the United States and the Republic of North Macedonia accounted for 50.5% of the exports to non EU countries Още
Building construction registered a 6% growth compared to last year
The civil engineering was registered a decline by 4.5% Още
INTERNATIONAL COOPERATION
Bulgaria participates in Green Week 2020
19 Bulgarian manufacturers present wine, organic essential oil products Още
Bulgaria and Qatar will cooperate in the fields of education, research and technology