Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Cost of living goes up, purchasing power plunges

Photo: BGNES

1,479 Leva (EUR 756) was the monthly salary needed for the subsistence of one working individual at the end of 2021, showdata of the Confederation of Independent Trade Union’s Institute of Social and Trade Union Research.

The sum has gone up by 130 Leva (EUR 66) compared to 2020. Almost two-thirds of workers in the country have an income below the subsistence level. The net monthly income needed for two adults and a child of 14 is 2,066 Leva (EUR 1,056), an increase of 180 Leva (EUR 92) year-over-year. Within the space of one year, food prices have gone up by 9.8%.

“The minimum salary lost its purchasing power in 2021, and it would not re-gain it with the new state budget as it is set down,” says the Institute’s director Lyuboslav Kostov. 



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Scientists support schools with lessons on healthy lifestyle in urban environment

What is the noise level of an airplane engine or a hand drill, a normal conversation, the movement of a car at a speed of 60 km/h, in a disco, at a rock concert and which values ​​are dangerous for people's health and the animals? The answers to..

published on 10/4/24 7:55 AM
Ivan Vazov National Theatre in Sofia.

Rain and strong winds towards the end of the week

On Friday, lows will be between 10 and 15 degrees Celsius , 13°C in Sofia. Maximum temperatures will be between 26 and 31°C, 28° in the capital. During the day it will be sunny in central and eastern Bulgaria. In the west, there will be clouds and after..

published on 10/3/24 7:05 PM

Bulgaria faces referral to the ECJ for failing to comply with three procedures

The European Commission has formally warned Bulgaria, Estonia and Ireland to properly implement EU laws against racism and xenophobia, reports BNR correspondent Angelina Piskova. In its letter of formal notice, the European Commission says the three..

published on 10/3/24 4:59 PM