Gross Domestic Product for the Second Quarter of 2011 – Flash Estimates
According to the seasonally adjusted flash estimates, the GDP growth rate in the second quarter of 2011 is 1.9%, compared to the second quarter of 2010.
According to the seasonally adjusted flash estimates, the GDP growth rate in the second quarter of 2011 is 1.9%, compared to the second quarter of 2010.
The consumer price index (CPI) in July 2011 compared to June 2011 was 100.0%, i.e. the monthly inflation was 0.0%.
The harmonized index of consumer prices (HICP) in July 2011 compared to June 2011 was 100.4%, i.e. the monthly inflation was 0.4%.
According to the preliminary data of the National Statistical Institute, in the second quarter of 2011 the newly built residential buildings were 742 and compared to the respectively quarter of 2010 increased by 13.1%. The newly built dwellings in them decreased by 26.2% and their number was 3 497.
According to the preliminary data of the National Statistical Institute (NSI) at the end of June 2011 the number of employees under labour contract increased by 2.3% as compared to the end of March 2011 and reached to 2.20 millions. In second quarter of 2011 in comparison with the first quarter of 2011 the average monthly wages and salaries increased by 4.2% getting 699 levs.
In the period January - June 2011 the Bulgarian exports to third countries increased by 35.5% compared to the corresponding period of the previous year and exceeded 7.2 billion levs while the imports increased by 27.8% and reached to 9.0 billion levs
In the period January - June 2011 the total value of the exported goods (both for third countries and EU) amounted to 18.8 billion levs and compared to the corresponding period of 2010 the exports increased by 40.3% while the total value of all imported goods was 21.1 billion levs and increased by 23.3%.
In the period January - May 2011 the Bulgarian exports to the EU increased by 48.7% compared to the corresponding period of the previous year and amounted to 9.6 billion levs while the imports increased by 24.3% and amounted to 10.1 billion levs.
In May 2011 the exports to the EU increased by 38.5% compared to the corresponding month of the previous year and exceeded 2.0 billion levs while the imports increased by 22.1% and amounted to 2.3 billion levs.
According to the preliminary data of the NSI, in June 2011 the index of production in section ‘Construction’, calculated on the base of seasonally adjusted data was 0.5% below the level of the previous month.
The preliminary data showed that the Industrial Production Index, seasonally adjusted decreased by 1.5% in June 2011 as compared to May 2011. The working day adjusted Industrial Production Index rose by 2.2% as compared to the same month of 2010.
In July 2011 the total consumer confidence indicator increases by 1.3 percentage points which is due to the increase by 1.9 percentage points of confidence among the urban inhabitants. The value of the indicator for the rural inhabitants registers a drop of 0.5 percentage points.