Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Bulgaria's government wants to reduce food prices by at least 20 percent

Photo: BGNES

Mass retail chains in Bulgaria are currently putting an 80-90% markup on food products, caretaker Economy Minister Nikola Stoyanov told Nova TV. 

The caretaker cabinet is planning to introduce a "ceiling" on the trade markup of up to 20 or 25%. Retailers charging a larger margin will be obliged to declare it to the Consumer Protection Commission, which will check the formation of the price. 

The government's goal is to reduce prices by 20-30%. 

By the end of the week, a comparison site showing food prices in the EU and in Bulgaria will be operational, Stoyanov said. 

According to the minister, the increase in inflation was also fueled by the increase in incomes in 2022.



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

Personnel and military equipment to be transported through the territory of Bulgaria between January 24 and February 9

Personnel and military equipment will be transported through the territory of Bulgaria between January 24 and February 9. The Ministry of Defense announced that the military will participate in NATO’s largest exercise for 2025, Steadfast Dart 25...

published on 1/25/25 1:39 PM

Plovdiv is among the world’s most congested cities

Plovdiv is sixth in the ranking of the world’s most congested cities, while Sofia is in 52nd place. The study was conducted by the TomTom agency, whose representatives have traveled 700 million kilometers across 62 countries on six continents. Mexico..

published on 1/25/25 1:22 PM

The oil spill in the Black Sea will not reach the Bulgarian sea coast

The oil spill in the Black Sea will not reach the Bulgarian Black Sea coast, BTA reported. According to an analysis of recent satellite images from the Naval Academy, the pollution will not be directed towards the Bulgarian Black Sea coast...

published on 1/25/25 12:55 PM