Current Account in Bulgaria
Bulgaria - Current AccountEconomic activity appeared to moderate somewhat in Q3: Industrial output and merchandise exports increased at a slower rate in July–August than in Q2, while both consumer and business sentiment turned more pessimistic in September. However, the unemployment rate declined in August and household credit growth accelerated to an 18-month high in September, both of which point to improving consumer spending in the quarter. Turning to Q4, a spike in Covid-19 cases that began in August has worsened significantly in recent weeks, with daily new infections hitting record levels in mid-October and the country’s vaccination campaign still lagging behind regional neighbors. The situation has prompted the interim government to impose restrictions which limit entry to most indoor public venues to those who possess a health pass certifying their proof of vaccination, recovery or recent negative test.
Bulgaria - Current Account Data
|Current Account (% of GDP)||0.1||3.2||3.5||1.4||4.1|
5 years of economic forecasts for more than 30 economic indicators.
Bulgaria Current Account Chart
Source: Bulgarian National Bank and FocusEconomics calculations.
|Bond Yield||0.40||0.0 %||Dec 31|
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November 15, 2021
Consumer prices increased 1.82% in October over the previous month, accelerating from the 0.40% rise recorded in September.
November 10, 2021
Industrial output rose 10.5% compared to the same month of the previous year in September, which was a marginal deterioration from August's 10.6% increase.
October 18, 2021
Consumer prices rose 0.40% in September over the previous month, coming in below the 0.77% increase recorded in August.
October 8, 2021
Industrial output increased 10.8% compared to the same month of the previous year in August, which was above July's 8.6% increase.
September 15, 2021
Consumer prices rose 0.77% in August over the previous month, matching July's reading.