Gross Domestic Product (GDP) in the fourth quarter of 2019 increased by 0.1% in the EU-27 compared to the previous quarter by seasonally adjusted data. For the same period, GDP in Bulgaria increased by 0.7%.
According to the preliminary data of the NSI, the consumer price index in January 2020 compared to December 2019 was 100.9%, i.e. the monthly inflation was 0.9%.
According to the seasonally adjusted data, the GDP growth rate in the fourth quarter of 2019 is 3.5% compared to the same quarter of the previous year.
In the fourth quarter of 2019 the unemployment rate was 4.1%, and the employment rate of population aged 20 - 64 was 74.9%.
The producer price index in agriculture in the fourth quarter of 2019 increased by 2.8% in comparison with the same quarter of 2018. The crop output index increased by 0.9% and the animal output index increased by 12.6%. In comparison with previous year, the prices of agricultural output went up by 1.6% as the decrease in crop output price index is by 0.4% and in animal output price index increase is by 11.7%.
The index of prices of goods and services currently consumed in agriculture in the fourth quarter of 2019 was by 1.4% higher compared to the same quarter of previous year and by 2.1% compared to 2018.
According to the preliminary data of the National Statistical Institute at the end of December 2019 the number of employees under labour contract decreased by 1.0% as compared to the end of September 2019 and reached 2.29 million.
In the fourth quarter of 2019 in comparison with the third quarter of 2019 the average monthly wages and salaries increased by 5.1% getting 1 313 BGN.
In December 2019, 2 024 accommodation establishments - hotels, motels, camping sites, mountain chalets and other establishments for short-term accommodation with more than 10 bed-places were functioned in the country. The total number of the rooms in them was 58.6 thousand and the bed-places were 119.6 thousand. In comparison with December 2018, the total number of accommodation establishments (functioned during the period) increased by 1.4%, while the bed-places in them decreased by 0.2%.
The total number of the nights spent in all accommodation establishments registered in December 2019 was 905.2 thousand, or by 7.2% more in comparison with the same month of the previous year.
The total revenues from nights spent in December 2019 reached 52.3 million BGN or by 8.1% more compared to December 2018.
According to the preliminary data in December 2019 the Industrial Production Index, seasonally adjusted, fell by 1.8% as compared to November 2019. In December 2019 the working day adjusted Industrial Production Index decreased by 1.5% in comparison with the same month of 2018.
According to the preliminary seasonally adjusted data in December 2019 the turnover in ‘Retail trade, except of motor vehicles and motorcycles’ at constant prices increased by 0.7% compared to the previous month.
According to the preliminary data, in December 2019 the index of production in section ‘Construction’ calculated on the base of seasonally adjusted data was 0.7% below the level of the previous month. In December 2019 the working day adjusted index of production in construction also decreased by 0.7% in comparison with the same month of 2018.