Inflation in Bulgaria experienced a significant slowdown in September, dropping to 1.2% from 2.1% in August, marking the lowest rate since March 2021, according to the National Statistical Institute (NSI). Compared to August, a deflation of 1% was recorded, following a slight rise of 0.1% in the consumer price index during the previous month. The…
In February 2025, each Ukrainian region will receive its own development roadmap, Oleksii Riabykin, Deputy Minister for Community and Territorial Development of Ukraine, has announced during a speech at the “Made in Ukraine” business forum. “In February 2025, all the regions in Ukraine will receive strategic documents that will define their development trajectory. These documents…
Bulgaria’s National Statistical Institute has reported weak monthly growth in industrial production, ending a streak of 20 consecutive months of annual decline. Data from August reveal a modest increase of 0.8% compared to July, following a growth of 0.6% in July over June, and no change in June. The annual decline rates are also easing,…
Property prices in Bulgaria continue to experience significant growth, with data from the National Statistical Institute revealing a 15.1% increase over the past 12 months leading up to June. In the second quarter of the year, prices rose by 3.4%. This impressive rise positions Bulgaria among nine EU countries that have seen property prices increase…
The state has compensated employers UAH 77 million for the arrangement of workplaces for 1,200 specialists with disabilities since the beginning of 2024. This was announced by Deputy Minister of Economy Tetyana Berezhna. “We are working to ensure that people with disabilities, including those sustained as a result of the war, have more opportunities in…
In August, 733,000 Bulgarians stayed at hotels, motels and campsites within the country, while another 500,000 traveled abroad during the same period, according to the National Statistical Institute’s (NSI) report on tourism and accommodation revenues for the peak holiday month of the year. The number of domestic tourists this August was higher compared to the…
A living wage, or the minimum income required to cover a person’s basic needs and maintain a decent standard of living, is EUR 1,621 gross in Tallinn and Harju County in 2024, according to Figure Baltic Advisory, the leading labor market research and consultancy firm in the Baltic region. In Vilnius, the highest living wage…