Fiscal Balance in Bulgaria
Bulgaria - Fiscal BalanceEconomic activity slowed considerably in the third quarter, according to an advanced estimate, with growth tumbling in annual terms after Q2’s strong rebound. With a less favorable base effect weighing on figures, the slowdown was broad-based across all sections of the economy: Private and public consumption growth ebbed lower in the quarter, while capital spending contracted at a faster rate than in Q2. Turning to Q4, a tightening of restrictions, following a record-high spike in Covid-19 cases in late October, is likely weighing on activity. In politics, elections on 14 November—the third such vote this year—resulted in a victory for the Continuing the Change (PP) party. The political newcomers won over a quarter of the votes, and will start talks to form a government. In a separate presidential ballot, incumbent Rumen Radev retained his position after a run-off election on 21 November.
Bulgaria - Fiscal Balance Data
|Fiscal Balance (% of GDP)||-1.7||0.1||1.1||2.0||2.1|
5 years of economic forecasts for more than 30 economic indicators.
|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.