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Trade in goods of Bulgaria with third countries in the period January - July 2024 (Preliminary data)
The exports of goods from Bulgaria to third countries decreased by 1.9% compared to the same period of 2023 and amounted to 17 702.0 million BGN, while the imports of goods from third countries increased by 8.3% and added up to 24 045.0 million BGN.
Тhe most notable growth in the exports was recorded in the sections ‘Chemical and related products n.e.c.’ (11.8%). The most notable fall was reported in the section ‘Animal and vegetable oils, fats and waxes’ (35.3%). The largest growth in the imports of goods from third countries was recorded in the section ‘Animal and vegetable oils, fats and waxes’ (34.7%). The most notable fall was reported in the section ‘Machinery and transport equipment’ (10.7%). The data are by the Standard International Trade Classification.
The total value of all exported goods to third countries and the EU amounted to 49 684.6 million BGN in the period January - July 2024, which is 2.9% less than the same period of the previous year, while the total value of all imported goods from third countries and the EU added up to 56 408.7 million BGN and grew by 0.3%.
Trade in goods of Bulgaria with the EU in the period January - June 2024 (Preliminary data)
In the period January - June 2024, the exports of goods from Bulgaria to the EU decreased by 5.0% compared to the same period of 2023 and amounted to 26 929.5 million BGN, while the imports of goods from the EU decreased by 5.5% and amounted to 27 678.2 million BGN.
In June 2024, the exports of goods from Bulgaria to the EU decreased by 0.3% compared to the same month of 2023 and amounted to 4 714.4 million BGN, while the imports of goods from the EU decreased by 8.7% and amounted to 4 428.4 million BGN.
The most notable growth in the exports of goods to the EU compared to the same month of 2023 was recorded in the section ‘Mineral fuel, lubricants and related materials’ (43.4%). The most notable fall was reported in the section ‘Animal and vegetable oils, fats and waxes’ (20.6%). The largest growth in the imports of goods from the EU was recorded in the section ‘Mineral fuel, lubricants and related materials’ (59.8%), while the most notable fall was reported in the section ‘Manufactured goods classified chiefly by material’ (14.5%). Data are by the Standard International Trade Classification.
Industrial Production Indices in July 2024
From July 2024, NSI started publishing Industrial Production Indices by base year 2021 = 100 in accordance with the requirements of Regulation (EU) 2019/2152 of the European Parliament and of the Council for European Business Statistics and Commission Implementing Regulation (EU) 2020/1197.
The Industrial Production Index increased by 0.6% in July 2024 compared to the previous month. The data are preliminary and seasonally adjusted.
In July 2024, compared to the previous month, an increase was seen in the electricity, gas, steam and air conditioning supply - by 26.3%, and in the mining and quarrying industry - by 7.6%, while a decrease was registered in the manufacturing - by 0.8%.
In comparison with July 2023, a decrease of 2.5% was reported in the calendar-adjusted Industrial Production Index.
On an annual basis, a drop of the Industrial Production Index was observed in the manufacturing - by 3.6%, and in the mining and quarrying industry - by 1.7%, while an increase was registered in the electricity, gas, steam and air conditioning supply - by 12.4%.
Construction Production Indices in July 2024
From July 2024, NSI started publishing Construction Production Indices by base year 2021 = 100 in accordance with the requirements of Regulation (EU) 2019/2152 of the European Parliament and of the Council for European Business Statistics and Commission Implementing Regulation (EU) 2020/1197.
In July 2024, the production index in the ‘Construction’ section decreased by 0.1% compared to the previous month. A decrease was seen in the production of civil engineering - by 1.0%, and in the production of building construction - by 0.1%. An increase was observed in the specialized construction activities - by 0.6%. The data are preliminary and seasonally adjusted.
The calendar-adjusted data showed an increase of 2.5% in the construction production compared to the same month of 2023. Specialized construction activities rose by 6.8%, and civil engineering - by 3.6%. Production of building construction decreased by 1.8%.
Gross Domestic Product for the Second Quarter of 2024 (Preliminary data)
In the second quarter of 2024, the Gross Domestic Product (GDP) grew by 2.1% compared to the second quarter of 2023 and there was an increase of 0.5% compared to the first quarter of 2024 at seasonally adjusted data.
Labor productivity, persons employed and hours worked for the Second Quarter of 2024 (preliminary data)
According to the preliminary data, GDP per person employed increased in real terms by 0.6% in the second quarter of 2024 compared to the same quarter of the previous year.
Services Production Indices in June 2024
In June 2024, the total production index in Services of the business economy increased by 0.6% compared to the previous month. The data are preliminary and seasonally adjusted.
Compared to June 2023, an increase of 4.3% was registered in the calendar-adjusted index according to preliminary data.
Turnover Indices in ‘Retail trade, except motor vehicles and motorcycles’, July 2024
From July 2024, NSI started publishing Turnover Indices in Retail trade by base year 2021 = 100 in accordance with the requirements of Regulation (EU) 2019/2152 of the European Parliament and of the Council for European Business Statistics and Commission Implementing Regulation (EU) 2020/1197.
In July 2024, the turnover in ‘Retail trade, except motor vehicles and motorcycles’ at constant prices increased by 1.2% compared to the previous month. The data are preliminary and seasonally adjusted.
An increase was reported in all major groups: ‘Retail sales of food, beverages and tobacco’ - by 1.4%, ‘Retail sales of non-food products (except fuel)’ - by 0.9% and ‘Retail sales of automotive fuel in specialised stores’ - by 0.3%.
The trade turnover went up by 6.8% compared to the same month of 2023 according to the calendar-adjusted data.
In July 2024, compared to the same month of 2023, an increase in turnover was registered in the ‘Retail sales of food, beverages and tobacco’ - by 12.6% and in the ‘Retail sales of non-food products (except fuel)’ - by 7.3%. А decrease was reported in the ‘Retail sales of automotive fuel in specialised stores’ - by 6.2%.
Fiscal data by 'Central Government' and 'Social Security Funds' subsectors, July 2024
For July 2024, revenues of subsector ‘Central Government’ were reported in the amount of BGN 4 839.45 million and expenditures - BGN 4 986.04 million, for the subsector ‘Social Security Funds’ the revenues amounted to BGN 2 832.87 million, and the expenditures were BGN 2 862.99 million.
The data for the ‘Central Government’ subsector are formed on the basis of the monthly cash statements of the budget units, as well as on estimates of the state enterprises reclassified in the subsector, and the data for the ‘Social Security Funds’ subsector - on the basis of the monthly cash statements of the National Insurance Institute and the National Health Insurance Fund.
The information is published on the basis of Article 3(2) of Directive 2011/85 of the EU.
Detailed data can be found on the NSI website under the heading 'Government Finance Statistics'.
Producer Price Indices in Industry, July 2024
From July 2024, NSI started publishing Producer Prices Indices in Industry by base year 2021 = 100 in accordance with the requirements of Regulation (EU) 2019/2152 of the European Parliament and of the Council for European Business Statistics and Commission Implementing Regulation (EU) 2020/1197.
The Total Producer Price Index in Industry rose by 2.2% in July 2024 compared to the previous month. An increase of 8.1% was registered in the electricity, gas, steam and air conditioning supply, and in the manufacturing industry by 0.4%, while the prices in the mining and quarrying industry fell by 2.4%.
The Producer Price Index on the Domestic Market increased by 3.5% compared to June 2024. The domestic prices rose in the electricity, gas, steam and air conditioning supply - by 9.8%, and in the manufacturing industry - by 0.4%, while the mining and quarrying industry decreased - by 0.8%.
The Total Producer Price Index went up by 1.4% in July 2024 compared to the same month in 2023. An increase was observed in the mining and quarrying industry - by 8.9%, and in the manufacturing industry - by 2.3%. There was a decline in prices in the electricity, gas, steam and air conditioning supply - by 3.1%.
The Producer Price Index on the Domestic Market increased by 0.9% compared to July 2023. A growth was reported in the mining and quarrying industry - by 15.0%, and in the manufacturing industry - by 1.5%. A decrease was observed in the electricity, gas, steam and air conditioning supply - by 2.1%.