Tag: decrease

Bulgaria central bank revises up its GDP forecast to 5.5% decrease

SOFIA, Oct 13 (Reuters) – Bulgaria’s central bank said on Tuesday the impact of the coronavirus on the Bulgarian economy this year would be less harsh than initially expected and revised its GDP forecast to a contraction of 5.5% from a previously expected decline of 8.5%.

The bank said the slower contraction this year and expected more moderate demand for Bulgarian exports over the next two years will slow the rate of the economic recovery. It cut its forecast of GDP growth in 2021 to 4% from a previous forecast of 5.1%.

The central bank sees the Balkan country returning to its 2019 growth level by the middle of 2022.

“Compared to our previous forecast based on data up to June 22, the real GDP is expected to mark a lower decline in 2020 and economic activity to register weaker growth in 2021–2022,” it said in a statement.

The central

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30% of agents plan to decrease ad spend on Zillow, realtor.com

Curaytor co-founders say agents are starting to realize they “do not need a middleman” and can go to direct to consumers.

September is Marketing and Branding Month at Inman. That means we’re talking to the chief marketing officers at major brokerages about how the pandemic is changing their jobs and what it means for agents. We’re publishing a suite of tactical Inman Handbooks for marketing on digital portals. And we’re looking at what pages of the traditional marketing playbook still work. Join us all month long.

Nearly half of agents plan to increase how much they spend on advertising for the second half of 2020, but third-party listing sites such as Zillow and realtor.com won’t be seeing much of that increase, according to a survey by digital marketing company Curaytor.

Chris Smith

Curaytor fielded the 16-question survey from July 22 to August 3, 2020 by distributing it to Curaytor’s email

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