Exchange Rate in Bulgaria
Bulgaria - Exchange RateGrowth slowed in Q2 as slowing total consumption growth undermined domestic demand. Lackluster retail sales suggest consumer spending took a hit, despite solid wage growth and a falling unemployment rate, owing to downbeat consumer confidence and a marked slowdown in credit extension. Moreover, fixed investment lost steam, due to pessimism among businesses amid the wider European pullback, which was also behind softening export growth and weak industrial production in the quarter. Turning to Q3, consumer confidence improved somewhat and business sentiment turned positive in July, boding well for household spending and investment. However, they both fell back in August, while the unemployment rate inched up in July. On 30 August, Moody’s upgraded the country’s outlook from stable to positive, citing strengthening fiscal metrics and improved growth prospects thanks to ongoing EU integration as main reasons.
Bulgaria - Exchange Rate Data
|Exchange Rate (vs USD)||1.42||1.61||1.79||1.86||1.63|
5 years of economic forecasts for more than 30 economic indicators.
Bulgaria Exchange Rate Chart
Source: Thomson Reuters.
|Bond Yield||0.43||0.0 %||Sep 04|
|Exchange Rate||1.78||-0.72 %||Sep 04|
|Stock Market||573||-0.35 %||Sep 04|
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September 16, 2019
Consumer prices inched up 0.1% from the previous month in August, following July’s 0.8% jump.
September 10, 2019
Industrial output dropped 0.9% year-on-year in July, following a sharper 3.4% contraction in June, which had marked the lowest print in six years.
September 6, 2019
The economy grew 3.5% in annual and seasonally-adjusted terms in the second quarter of the year, above the preliminary estimate of 3.3% and matching the previous quarter’s print, according to comprehensive data released by the Bulgarian Statistical Institute on 6 September.
August 14, 2019
Bulgaria’s economy grew 3.3% year-on-year in the second quarter, down from the first quarter 3.5% outturn, according to a preliminary release by the Statistical Institute on 14 August.
August 14, 2019
Consumer prices rose 0.8% from the previous month in July, contrasting June’s 0.6% downturn.