Producer prices in Bulgaria in January are up for the third month running and mark a sizable growth rate on an annual basis, indicate National Statistical Institute data.
The growth rate compared to the previous month of December stands at 0.6 percent, compared to January of 2016 – as much as 4.3 percent. Earlier this month the National Statistical Institute released a report which shows that inflation in Bulgaria is up in January by 1.3 percent on a monthly basis, and 1.4 percent on an annual basis. Latest producer price data are a prerequisite for the emergence of the Bulgarian economy from deflation and stagflation which has been in place since October 2015.
The first regular direct flights between Bulgaria and the United States are expected to begin in April 2026, Transport and Communications Minister Grozdan Karadzhov said during the national discussion “Tourism and Air Connectivity: Traditional..
Bulgaria’s National Assembly approved at second reading amendments to the Investment Promotion Act. Under the changes, the assets of the Russian company Lukoil in Bulgaria can be sold only after a decision by the Council of Ministers and following a..
Bulgaria’s Prime Minister Rosen Zhelyazkov is convening a working meeting with ministers in connection with the United States’ decision to impose sanctions on Rosneft and Lukoil. The meeting is scheduled for 11:00 a.m. on Friday. Premier Zhelyazkov..
Bulgaria could run into fuel shortages if the Lukoil Neftochim refinery stops operating, former Prime Minister and GERB leader Boyko Borissov warned on..
The Institute for Computer Science, Artificial Intelligence and Technology (INSAIT) at Sofia University ‘St. Kliment Ohridski’ has released SPEAR-1, an..
The first regular direct flights between Bulgaria and the United States are expected to begin in April 2026, Transport and Communications Minister..
Mostly Cloudy
Cloudy
Overcast, rain
Partly cloudy, chance of rain
Partly Cloudy