The risks to the outlook are tilted to the downside
We republish the analysis of the Bulgarian Industrial Association and additional content. The title is editorial.
The European Commission’s spring economic forecast for 2025 was released today. The growth forecast for the Bulgarian economy in 2025 and 2026 has been substantially downgraded from 2.9% in the Autumn Economic Report to 2%.
According to Eurostat data, the average annual inflation for the last 12 months in Bulgaria until May 2025 is 2.7% according to the harmonised index of consumer prices in EU member states. The growth is 0.3%. The lowest annual rates of inflation growth in the euro area were recorded in France (0.9%), Cyprus (1.4%) and Denmark (1.5%). The highest annual rates were recorded in Romania (4.9%), Estonia (4.4%) and Hungary (4.2%).
