The annual inflation rate in Bulgaria accelerated for the 12th consecutive month to 10% in February, from 9.1% in the previous month, data of the National Statistical Institute indicate. On a monthly basis, consumer prices increased with 1.4%, amid soaring prices of food and transport.
“We haven't ascertained any serious price distortions. As for the price of sunflower oil, more than 350 inspections were caried out in retail establishments within 3 or 4 days”, Dimitar Margaritov, Chairman of the Consumer Protection Commission, said for the BNR. In his view, there are no grounds for concern and called on Bulgarians to buy wisely.
Without compensation for the price of electricity, companies will be uncompetitive, said Vasil Velev of the Bulgarian Industrial Capital Association (BICA) at a press conference held jointly with trade unions. Those who cannot pass on the increase in..
Bulgarian exports are expected to grow by 5.8% annually after Bulgaria joins the eurozone. Trade in goods could increase by 3.3%, and in the services sector, growth might reach 8.4%. This is predicted by an analysis by the trade credit insurance..
In 11 district cities in Bulgaria, 1 square meter of residential space costs under EUR 1,000. In 13 district cities, the price ranges from EUR 1,000 to EUR 1,400. In Sofia and Varna, 1 square meter of residential space costs EUR 2,400, National Real..
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