In February 2021, the Industrial Production Index and the Construction Production Index remained almost unchanged as compared to the previous month. Meanwhile, the turnover indices in retail trade increased, indicates data of the National Statistical Institute. However, the three economic sectors continue to decline on an annual basis. Industrial Production Index in the mining and quarrying industry increased by 27% on a monthly basis.
Industrial Production Index in electricity, gas, steam and air conditioning supply decreased by 1.5%. Industrial Production Index in the manufacturing industry fell 1.4%. Construction Production Index increased by 0.2% compared to January, but decreased by 4.2% year on year. Turnover indices in retail trade increased by 3% compared to January, except for the retail trade in food, beverages and tobacco products, where a 0.2% decrease was registered.
Bulgaria has favorable climatic conditions for producing electricity from the su n, even in the transitional seasons of spring and autumn. One of the cities with the best conditions for using photovoltaic systems is Dupnitsa. The southwestern..
In 2024, the average gross annual salary in Bulgaria is 27,881 BGN (EUR 14,255), according to preliminary data from the National Statistical Institute. Compared to 2023, this marks an increase of 13.9% , with the public sector seeing an increase of..
The Bulgarian National Bank (BNB) has posted, to its website, the answers to important questions connected with the adoption of the euro and the country’s entry into the Eurozone. The official BGN to Euro exchange rate is fixed, with the Lev..
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