According to the seasonally adjusted data, the GDP growth rate in the first quarter of 2020 is 2.4% compared with the same quarter of 2019.
According to the preliminary data, GDP per person employed increased by 2.5% in the first quarter of 2020 compared to the same quarter of the previous year.
In May 2020, the business conjuncture in the country marks a positive change in comparison with the last three months. The total business climate indicator increases by 11.8 percentage points compared to April as a result of the positive managers’ opinions in all observed sectors - industry, construction, retail trade and services.
Total Producer Price Index in April 2020 decreased by 2.5% compared to the previous month; compared to the same month of 2019 the prices fell by 4.3%. Producer Price Index on Domestic Market in April 2020 decreased by 2.4% compared to the previous month; compared to the same month of 2019 the domestic prices fell by 1.1%.
In April 2020, the collapse of the trips of Bulgarian citizens abroad and the visits of foreigners to Bulgaria continued due to the suspension of international flights and the closure of the land borders because of the worldwide spread of the COVID-19 coronavirus.
In April 2020, the number of the trips of Bulgarian residents abroad was 75.3 thousand or by 87.9% under the registered in April 2019.
In In April 2020, the number of arrivals of visitors from abroad to Bulgaria was 81.2 thousand or by 88.9% less in comparison with April 2019.
In March 2020 compared to February 2020 an increase is reported for the production of electricity - by 3.3%. During the same period, a decrease is reported for the production of solid fuels - by 16.7%, liquefied petroleum gases - by 20.0%, unleaded motor gasoline - by 7.2% and transport diesel - by 2.3%. No change for the production of natural gas.
In March 2020 compared to February 2020 an increase is reported for the deliveries of transport diesel - by 10.7%. During the same period, a decrease is reported for the deliveries of solid fuels - by 16.2%, liquefied petroleum gases - by 11.8%, natural gas - by 4.4% and electricity - by 3.8%. No change for the deliveries of unleaded motor gasoline.
According to preliminary data during the first quarter of 2020 in comparison with the same period of 2019 the goods carried and the transport performance by the freight land and water transport decreased, respectively by 9.3% and 1.3%.
In the first quarter of 2020 there was a decrease both in the transported passengers (by 10.4%) and the transport performance (by 30.9) from the passenger transport (land, water and urban electrical transport) compared to the same period of the previous year.
In May 2020, the National Statistical Institute has continued the monthly inquiry survey of the managers of accommodation establishments to gather accurate and timely information on the state and development of their businesses during the state of emergency and the ensuing epidemiological situation in the country.
Main results from the short business survey amongst the non-financial enterprises, aiming at presenting to the society and policy makers information on the economic effects from the declared state of emergency in the country due to COVID-19.
According to the preliminary data for the first quarter of 2020 the total turnover index in section ‘Transportation, storage and post’, calculated on the basis of seasonally adjusted data increased by 3.0% compared to the fourth quarter of 2019. In section ‘Information and communication’ the turnover index grew by 4.4%.