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

Bulgaria is among the 5 countries with the highest inflation in the EU

Photo: Pixabay

In May, inflation in the European Union set a new record and reached 8.8 percent on an annual basis, Eurostat reported, quoted by BTA.  In the Eurozone alone, inflation is 8.1 percent.  As a result of the crisis in Ukraine, in 14 EU countries, annual inflation in May was higher than the European Union-wide average. 

In terms of the rising cost of living, Bulgaria is in fifth place with 13.4% on an annual basis, after Estonia (20.1%), Lithuania (18.5%), Latvia (16.8%) and the Czech Republic (15,2%). 

The data are according to the Harmonized Index of Consumer Prices (HICP). 

On June 15, Bulgaria's National Statistical Institute reported an acceleration of annual inflation to 15.6% in May. In 13 EU countries, inflation for the same period was equal to or lower than the EU average, with the lowest levels in Malta and France (5.8%). 



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

Galin Tsokov

2% of teachers in Bulgaria are working pensioners

“You have the challenging but noble mission to mould knowledgeable, competent and highly responsible individuals, but most of all good and honest people, worthy citizens of the country and of the world,” said Education Minister Galin Tsokov in an..

published on 10/5/24 1:21 PM
Deputy PM and Minister of Finance Lyudmila Petkova

Finance Minister Lyudmila Petkova: We expect to meet inflation criteria for accession to Eurozone by December

In December this year the Ministry of Finance will have covered the last of the criteria for accession to the Eurozone – inflation, said caretaker Deputy PM and Minister of Finance Lyudmila Petkova. Two weeks after fulfilling it, Bulgaria will ask..

published on 10/5/24 10:30 AM

One more group of Bulgarian citizens return from Lebanon

The first group of Bulgarian citizens evacuated from Lebanon with the help of Canada came home last night, the Bulgarian Foreign Ministry has announced. This took place in close coordination between the Foreign Ministry’s Situation Centre, the..

published on 10/5/24 9:25 AM