Contacts
Weekly bulletin 11.05 - 19.05.2012
21 may 2012
The week was rich of macroeconomic data - the consumer price index for April 2012 to March 2012 was 100.2 %, ie monthly inflation was 0.2 %. Inflation this year (April 2012 to December 2011) is 1.6 % and annual inflation in April 2012 to April 2011 was 1.7 %. Average annual inflation for the period May 2011 - April 2012 to the period May 2010 - April 2011 was 3.2 %. In the first quarter of 2012 GDP grew by 0.5 % compared to same quarter last year and kept its level compared to the fourth quarter of 2011. According to flash estimates of NSI for the first quarter of 2012, GDP in nominal terms reached BGN 15,661 million. Realized value added in the first quarter of 2012 was BGN 13 358 million, the largest share of the total added value is formed by the services sector (63.7 %), followed by industrial sector (32.3 %). The agricultural sector fixed 4 % of total value added in the economy.
Collective investment schemes managed by the "UBB Asset Management" has divided in their presentation - UBB Premium Equity and UBB Balanced Fund lost respectively 1 % and 0.47 %, while UBB Patrimonium Land and UBB Platinum Bond rose by 0.61 % and 0.12 %. Transactions concluded last week have intended to reach the set target weights for each of the positions in the portfolio....more »
Tihomir Nenov, risk manager
