Nr. 36 (431), 18-09-2020
Weekly Bulletin
ISSN 1314-5339

Currency
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BULGARIAN ECONOMY

The monthly inflation in August 2020 was 0.0%.


The consumer price index in August 2020 compared to July 2020 was 100.0%, i.e. the monthly inflation was 0.0%. The inflation rate since the beginning of the year (August 2020 compared to December 2019) has been -0.5% and the annual inflation in August 2020 compared to August 2019 was 1.2% .

The annual average inflation, measured by CPI, in the last 12 months (September 2019 - August 2020) compared to the previous 12 months (September 2018 - August 2019) was 2.5%.

In August 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 0.6%;

• Alcoholic beverages and tobacco - an increase of 0.2%;

• Clothing and footwear - a decrease of 4.0%;

• Housing, water, electricity, gas and other fuels - an increase of 0.2%;

• Furnishings, household equipment and routine maintenance of the house - a decrease of 0.1%;

• Health - an increase of 0.2%;

• Transport - an increase of 2.2%;

• Communications - an increase of 0.2%;

• Recreation and culture - an increase of 1.6%;

• Education - an increase of 0.4%;

• Restaurants and hotels - an increase of 0.2%;

• Miscellaneous goods and service - an increase of 0.3%

Source: National Statistical Institute

NEWS FROM BCCI
Discussion at the BCCI with the participation of the Bulgarian EU Commissioner Maria Gabriel
EU Innovation Development Policy for the 2021-2027 Programming Period More
Presentation of opportunities for financing companies from different economic sectors
By using a number of tools - banks, funds, programs and more More
The Balkans International Wine Competition, BIWC
All wine lovers currently in Sofia are kindly invited to visit the wine festival in front of the National Palace of Culture More
Discussion of Bulgarian-Lebanese business relations
Among the topics discussed was the idea of resuming the activities of the Association of Bulgarian-Arab Economic Chambers of at the BCCI More
Project ERIAS – examples of positive integration in the labour market
Nart Haroun from Syria: The job is crucial for the integration More
INTERNATIONAL COOPERATION
IBA presented investment opportunities to vietnamese industry
Online business forum with bilateral meetings More
UPCOMING EVENTS
11th Credit Risk Management Conference in Bulgaria
The event will take place online on Wednesday, September 30th More
BULGARIAN ECONOMY
Unemployment in Bulgaria fell to 7.5 percent in August
The Employment Agency announced More
Bulgaria's exports to EU decreased by 6.5% in first half of the year
Imports to Bulgaria in the period January-July from the EU decreased by 12.5% ​​ More
The monthly inflation in August 2020 was 0.0%.
The annual inflation in August 2020 compared to August 2019 was 1.2% . More
NSSI: Average Insurance Income in July is BGN 1058.71
FINANCE
The Republic of Bulgaria issued dual-tranche EUR 1.25bn 10yr and EUR 1.25bn 30yr Eurobond offering
New Convention with the Kingdom of the Netherlands has been signed for elimination of double taxation with taxes on income and prevention of fiscal evasion and avoidance