Fiscal Balance in Bulgaria
Bulgaria - Fiscal BalanceAnnual growth in Q1 2022 likely slowed from Q4’s rebound: Inflation spikes through January–March probably dampened private spending and fixed investment. Looking at monthly data, though industrial production and retail sales fared well year-on-year through January–February, in sequential terms both indictors lost steam over the same period. In Q2, high inflation and weak economic sentiment will be dragging on growth, despite a robust labor market and the removal of all pandemic-related restrictions on 1 April. Moreover, on 27 April, Russia halted gas deliveries to Bulgaria. While Bulgarian authorities had already decided to stop importing Russian gas by end-2022, in the short-term Russia’s politically charged move will not only drive inflation up and weaken output in gas-reliant industries, but will also threaten the already-fragile governing coalition.
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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May 17, 2022
Consumer prices increased 2.46% in April over the previous month, after the 2.22% increase recorded in March.
May 11, 2022
Industrial production expanded 19.5% year-on-year in March (February: +14.8% yoy).
April 19, 2022
Consumer prices increased 2.22% from the previous month in March, following the 1.36% rise recorded in February.
April 8, 2022
Industrial production rose 14.4% year-on-year in February (January: +17.2% yoy).
March 14, 2022
Consumer prices increased 1.36% from the previous month in February, below the 1.54% increase recorded in January.