Text size

Over Covid-19, in April the economy shrank year-on-year

published on 7/6/20 1:18 PM

Photo: archive

The industrial production index, turnover in retail trade and exports have marked a considerable drop in April, compared to the same month of 2019.

April is the first full month of lockdown in the country, which explains the 19.9% drop in trade turnover, the National Statistical Institute says. The industrial production index is down by 15.7%. The balance of trade for April, 2020 is positive, amounting to EUR 120 million, whereas in April 2019 there was a EUR 222 million deficit. However, exports for the country as a whole have shrunk by 18%.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria News Covid-19 economy exports industrial production index trade turnover

More from category

Protest in Velingrad in support of farmers with flocks which tested positive for sheep and goat plague

A protest took place in Velingrad in support of the farmers whose flocks of sheep have been quarantined because of positive tests for sheep and goat plague. To stop the spread of the disease, access to the area around the farms has been..

published on 11/30/24 1:10 PM

EC gives Bulgaria 6 months to introduce necessary reforms under the Recovery and Resilience Facility, or it may lose EUR 653 million

Bulgaria will be given six months to carry out the necessary reforms connected with the liberalisation of the energy market , otherwise it stands to lose EUR 653 million which it should receive as a second payment under the Recovery and..

published on 11/30/24 11:55 AM

Honey festival in Pleven attracts visitors from near and far

The second edition of the Festival of Apiculture Products continues in Pleven. The exposition features honey and apiculture products, as well as honey cosmetics. The initiative for the event belongs to the regional apiary union and the Pleven..

published on 11/30/24 10:09 AM