Uptick rule

Hoteliers along Bulgaria's Southern Black Sea coast are anticipating a notable increase in tourist numbers, with early bookings already showing promising growth. Both domestic travelers and visitors from key international markets such as Germany, England, Austria, and Poland are contributing to this surge in reservations.

The Cyprus Statistical Service (CyStat) revealed on Thursday a significant uptick in motor vehicle registrations in Cyprus.

Total registrations of motor vehicles in Cyprus numbered 4,243 in January, compared to 3,128 in January 2023, recording an increase of 35.6%, according to data published by the CyStat.

Greek factory activity expanded for the 12th month in a row in January as stronger domestic and foreign demand led to higher output and more hiring, a survey showed on Thursday.

Firms raised their prices at the second fastest pace in almost a year, with input charges rising further as shipping disruption in the Red Sea led to an increase in transport costs.

Bulgaria witnesses a notable improvement in its overall business climate indicator, surging by 3 percentage points from December 2023 to January 2024. The National Statistical Institute (NSI) revealed that this uptick spans across all key sectors—industry, construction, retail trade, and services.

Bulgaria's National Statistical Institute revealed a substantial uptick in total hourly labour costs during the third quarter of 2023 compared to the same period in 2022, marking a noteworthy 15.1% increase based on initial data.

Ljubljana – Slovenia logged 2,528 daily coronavirus cases on Tuesday, 708 more than a week ago but down significantly on Monday’s six-month record of 4,530. Four patients with Covid-19 died. Hospital care due to Covid-19 was needed for 73 people, including six at intensive units, respectively down by five and one on the day before, data released by the Health Ministry shows.

According to the United Nations World Tourism Organization (UNWTO), international tourist arrivals ticked up 4 percent in 2021

U.S. consumer prices rebounded in April after dipping in March, driven by a surge in gasoline prices and an uptick in housing costs, the Labor Department reported May 10.     

The U.S. central bank kept its key interest rate unchanged as expected on May 2 and at the same time signaled that policymakers were not overly concerned by the recent uptick in inflation.

Investment in the domestic professional property market is expected to reach close to half a billion euros this year, which - if confirmed - would signal a rise of more than 80 percent from last year, when the figure remained under 250 million euros.