Inflation in Bulgaria in April has gone down to 0.3% compared to March and to 11.6% compared to the same month last year, the National Statistical Institute said. Year-to-date inflation (January 2023-April 2023) is 3% and the average annual inflation (May 2023 vs April 2022) is 16.3%.
In the first quarter of 2023, Bulgaria’s gross domestic product grew by 2% compared to the same period last year, and by 0.4% as compared to the fourth quarter of 2022. According to the forecast of the European Commission, Bulgaria’s economy will mark an annual growth of 1.5%. The quarterly average income per person in the household in the first quarter of the year was EUR 1,223 - 19.3% more than in the first quarter of 2022.
The expected adoption of the single European currency from January 1, 2026 is one of the many topics dividing society. In addition to being a cause for political quarrels, the euro is also a cause for concern among some Bulgarian..
At the end of 2024, Bulgarians' wealth hit a record high of 1 trillion leva (€511.29 billion), which is five times higher than the gross domestic product. According to a study by the Expert Club on Economics and Politics, reported by BNR's Natalia..
Bulgarian President Rumen Radev extended an invitation to Japanese business to invest in Bulgaria . This happened during an economic forum in Tokyo organized by the Japan External Trade Organization JETRO . At the forum, Radev who is on..
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