The growth of inflation in August slowed down slightly, according to data of the National Statistical Institute. The rise of the cost of living compared to the same month of 2021 reached 17.7%. The increase compared to the previous month of July was 1.2%.
In August, the highest rise in prices was recorded in housing, water, electricity and fuel - 5.2%. Prices of goods and services grew by 2.3%. Food prices rose by 1.2 percent.
A 3.8-percent decline was recorded in the prices of transport and a 2.3% drop in the prices of clothing and footwear.
The Bulgarian National Bank has announced that the caretaker government plans to take on 1 billion euros of internal debt by the end of the year. The first auction for 100 million euros will take place on September 19.
It is extremely concerning that the largest company in Bulgaria, Lukoil Neftohim, which is part of the country's critical infrastructure, is still in the hands of a country that has declared Bulgaria a hostile state. This opinion was shared by energy..
“The divergence between the monetary and the fiscal policy pursued by the government continues to be the main reason why Bulgaria does not meet all criteria yet for entering the Eurozone,” Lyubomir Karimansky, member of the Governing Council of the..
Germany remains Bulgaria's strongest economic partner. Trade between the two countries for 2024 amounts to EUR 12 billion, said Tim Kurth, President of the German-Bulgarian Chamber of Industry and Commerce. At a ceremony held at the University of..
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