Interest Rate in Bulgaria
Bulgaria - Interest RateA preliminary estimate put growth in the first quarter at 3.5% year-on-year, in line with the fourth quarter last year as weaker consumption dynamics were offset by a stronger outturn in the external sector. Ahead of the comprehensive release, a mixed bag of indicators suggests household spending likely flagged in the quarter; while unemployment has been ticking down, gains in both retail sales and consumer confidence have been easing up in recent months. Fixed capital outlays, on the other hand, showed resilience as business sentiment rode a near-decade high in the quarter. Meanwhile, demand from the EU sustained manufacturing activity and drove export growth, a trend likely to have persisted into the second quarter. In late May, the ECB dashed hopes of Bulgaria’s quick adoption of the euro when it reported “serious concerns” over the country joining the ERM-II, to which Bulgarian officials had intended to apply by the end of June.
Bulgaria - Interest Rate Data
|Policy Interest Rate (%)||0.02||0.02||0.01||0.0||0.0|
5 years of economic forecasts for more than 30 economic indicators.
Bulgaria Interest Rate Chart
Source: Bulgarian National Bank.
|Bond Yield||1.20||0.0 %||Jun 14|
|Exchange Rate||1.67||-0.72 %||Jun 14|
|Stock Market||637||-0.35 %||Jun 14|
Get a sample report showing all the data and analysis covered in our Regional, Country and Commodities reports.
Start Your Free Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.
May 25, 2018
A preliminary release by the Statistical Institute showed that the economy grew 3.5% on an annual basis in the first quarter, in line with growth in the fourth quarter of last year.
May 15, 2018
Consumer prices rebounded on a monthly basis in April, rising 0.4% (March: -0.3% month-on-month).
May 9, 2018
Industrial output rebounded on a monthly basis in March, expanding 2.3% in seasonally-adjusted terms (February: -1.1% month-on-month s.a.). On an annual basis, industrial output rose 1.7% in working day-adjusted terms in March, contrasting February’s one-off 0.9% contraction.
April 16, 2018
Consumer prices dropped 0.3% in March from the previous month, contrasting the 0.3% increase recorded in February.
April 11, 2018
In February, industrial production dropped 1.0% over the same month of the previous year in working-day adjusted terms, contrasting the revised 4.3% increase recorded in January (previously reported: +3.5% year-on-year).