Press releases

From July 2024, NSI started publishing Producer Prices Indices in Industry by base year 2021 = 100 in accordance with the requirements of Regulation (EU) 2019/2152 of the European Parliament and of the Council for European Business Statistics and Commission Implementing Regulation (EU) 2020/1197.

The Total Producer Price Index in Industry rose by 0.4% in August 2024 compared to the previous month. An increase of 9.0% was registered in the electricity, gas, steam and air conditioning supply, while the prices in the mining and quarrying industry fell by 1.9%, and in the manufacturing industry - by 1.7%.

The Producer Price Index on the Domestic Market increased by 1.0% in August 2024 compared to July 2024. The domestic prices rose in the electricity, gas, steam and air conditioning supply by 4.7%, while in the mining and quarrying industry they decreased by 3.2%, and in the manufacturing industry - by 0.9%.

The Total Producer Price Index went up by 1.5% in August 2024 compared to the same month in 2023. An increase was observed in the mining and quarrying industry - by 9.1%, and in the electricity, gas, steam and air conditioning supply - by 7.7%. There was a decline in prices in the manufacturing industry - by 0.7%.

The Producer Price Index on the Domestic Market increased by 1.9% compared to August 2023. A growth was reported in the mining and quarrying industry - by 14.3%, and in the electricity, gas, steam and air conditioning supply - by 5.4%. A decrease was observed in the manufacturing industry - by 1.3%.

In July 2024, compared to June 2024, an increase is reported in the production of: electricity - by 42.1%, and liquefied petroleum gases - by 8.3%. The production of solid fuels significantly increased - by 2.6 times, due to lower production in June 2024 and the electricity market situation, as currently reaches its usual levels. A decrease is reported in the production of motor gasoline - by 2.1%. There is no change in the production of transport diesel and natural gas.

Compared to July 2023, an increase is reported in the production of: solid fuels - by 7.8%, electricity - by 4.3%, and transport diesel - by 1.4%. The production of liquefied petroleum gases significantly increased - by 2.2 times, due to higher demand and reduced imports. A decrease is reported in the production of motor gasoline - by 17.2%. There is no change in the production of natural gas.

In July 2024, compared to June 2024, an increase is reported in the deliveries of: transport diesel - by 27.0%, liquefied petroleum gases - by 23.1%, and electricity - by 10.7%. The deliveries of solid fuels significantly increased - by 2.5 times, as a result of the growth in their production and the electricity market situation. A decrease is reported in the deliveries of: natural gas - by 15.8%, and motor gasoline - by 1.7%.

Compared to July 2023, an increase is reported in the deliveries of electricity - by 4.0%. A decrease is reported in the deliveries of: motor gasoline - by 17.4%, natural gas - by 14.0%, liquefied petroleum gases - by 7.7%, transport diesel - by 2.3% and solid fuels - by 2.0%.

In the period January - June 2024, the electricity and natural gas prices, including all taxes, levies and VAT for non-household customers decreased compared to the period July - December 2023. The largest decrease in electricity was recorded in group I6 with annual consumption between 70 000 and 150 000 MWh (20.0%), and in natural gas in group I4 with annual consumption between 100 000 and 1 000 000 GJ (20.0%).

In the same period, for household customers, different trends are observed for the two energy products. The natural gas prices, including all taxes, levies and VAT, decrease in all groups compared to the previous six-month period, with the largest decrease in group D1- the smallest consumers (14.8%). 

The electricity prices, including all taxes, levies and VAT, show minor changes (increase and decrease) compared to the previous six-month period, ranging from -1.2% to +0.4% depending on the group of annual consumption.

Data are representative for the country - all suppliers of electricity/natural gas provide data on household and final non-household customers, for the quantities delivered through а transmission/distribution network. They are calculated as weighted average prices by the actual delivered quantities of electricity/natural gas and the corresponding invoiced values to final customers, by standard annual consumption bands,  for the observed six-month period.

The information is published pursuant to REGULATION (EU) 2016/1952 on European statistics on natural gas and electricity prices.

Detailed data on electricity and natural gas prices are published on the NSI website under the heading ‘Energy’.

In August 2024, the number of trips of Bulgarian residents abroad was 903.4 thousand, or 8.3% above the registered in August 2023. Аn increase was registered in the trips with holiday and recreation purposes - by 19.6%, and with professional purposes - by 3.0%, while those with other purposes (as a guest, education, and visiting cultural and sports events) decreased by 3.6%.

The number of visits of non-residents to Bulgaria was 2 135.7 thousand, or 2.8% more in comparison with the same month of the previous year. Аn increase was registered in the trips with holiday and recreation purposes - by 6.2%, while those with professional purposes and with other purposes decreased by 2.3% and 0.5%, respectively.

Transit passes through the country were 38.3% (818.6 thousand) of all visits of non-residents to Bulgaria.

From 2024, NSI started publishing quarterly Services Producer Price Indices by base year 2021=100 in accordance with the requirements of Regulation (EU) 2019/2152 of the European Parliament and of the Council for European Business Statistics and Commission Implementing Regulation (EU) 2020/1197.

The total producer price index in Services of the business economy increased by 0.9% in the second quarter of 2024 compared to the previous quarter and by 4.2% in comparison to the same quarter of 2023.

Detailed data are published on the website of NSI under the heading ‘Short-term Business Statistics’.

The total export price index during the second quarter of 2024 is 94.2%, which is a drop of 0.2 percentage points in the index compared to the same period of the previous year.

The total import price index for the reporting period is 98.0%, which is 3.2 percentage points above the level of the index compared to the same period of 2023.

Preliminary data on export and import price indices for the second quarter of 2024 by sectors of the Standard International Trade Classification (SITC, rev. 4) are published on the website of NSI under the heading ‘Exports and Imports price indices’.

The total export price index for 2023 is 93.0%, which is a drop of 33.0 percentage points in the index compared to the previous year.

The total import price index for the reporting period is 96.3%, which is with 23.0 percentage points below the level of the index compared to 2022.

Final data on export and import price indices for 2023 by sectors of the Standard International Trade Classification (SITC, rev. 4) are published on the website of NSI under the heading ‘Еxports-and-imports-price-indices’.

The National Statistical Institute carries out benchmark revision of the data for the gross domestic product (GDP) and the gross national income (GNI) will be published on October 18, 2024 - updated quarterly and annual data for 2023 and revised quarterly and annual data for the period 2014 - 2022 for Gross domestic product and Gross national income.

The revisions are related to changes in the methodology and calculation procedures used for specific statistical indicators and are a result of the GNI verification cycle. They are carried out in accordance with the already adopted Calendar presenting the results of the statistical surveys and to the preliminary announced Calendar of time series revisions.

Following the adopted recommendations of the European System of Accounts, 2010 (ESA 2010) and of the Harmonized European Revision Policy (HERP) for harmonization of the policy for revisions of the national accounts at European level, a coordinated benchmark revision in the EU Member States, the countries from the European Free Trade Association (EFTA), as well as in the countries participating in the EU enlargement negotiations will be held in 2024.

Key macroeconomic aggregates like for example the gross domestic product, the gross national income, the gross capital formation, the final consumption expenditure of households, export of goods and services, import of goods and services and others will be changed again аs in the previous benchmark revisions in 2019 and in 2014.

The benchmark revisions are coordinated revisions aimed at improving the comparability and quality of data across the European Union (EU) and between the different statistical domains. Benchmark revisions can lead to significant revisions of entire data series, with a view of incorporating new data sources and other methodological improvements. This type of revision should be carried out at least once every five years. The last benchmark revision in Bulgaria was carried out in 2019.

More information about the harmonized benchmark revision in 2024 and the expected changes can be found in NSI’s Issue 2 of the Statistics Journal from June 2024 (in Bulgarian).

The housing prices increased by 3.4% in the second quarter of 2024 compared to the previous one (first quarter of 2024). The highest increase was recorded in Ruse city (+13.2%), followed by Plovdiv (+5.3%), Sofia (+2.9%) and Burgas (+2.9%). A decrease was registered in Stara Zagora (-0.2%).

In the second quarter of 2024, compared to the second quarter of 2023, housing prices rose by 15.1%.

Detailed data are published on the NSI website under the heading 'Housing price statistics'.

In the second quarter of 2024, compared to the second quarter of 2023, the total hourly labour cost rose by 15.4% (preliminary data). The total hourly labour cost increased by 11.2% in industry, by 13.6% in services and by 19.5% in construction.

The highest annual growth in total labour costs was recorded in the economic sectors ‘Public administration and compulsory social security’ - by 27.0%, ‘Education’ - by 26.4% and ‘Real estate activities’ - by 24.9%.