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

Inflation rate will fall back to single digits as early as May, economy minister says

Caretaker Minister of Economy Nikola Stoyanov
Photo: BGNES

“As early as in May, the inflation rate is going to drop below 10%,” caretaker Economy Minister Nikola Stoyanov said in an interview with NOVA TV, and added it had been going down for seven months, and that in summer it will fall back to single digits.

According to Minister Stoyanov, there is every reason for the price of foodstuffs to go down, as the prices of fuels have gone back to 2021 levels. “Wholesale prices have been going down in the past 7-8 months, retail prices have not,” he added.

Regarding the inspections at large chain stores, Minister Stoyanov stated that more than 1,450 inspections had been carried out so far, 841 statements drawn up, and that there are upwards of 350 instances in which unfair trading practices is suspected. “At first, practically every inspection established breaches. They have now fallen below 25%, i. e. the checks are having a disciplinary effect on the chain stores,” he commented.



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

Sub-zero morning temperatures and cool sunny weather during the day

On Tuesday , the lowest temperatures will be between minus 3° and 2°C, in Sofia - around minus 1°C. During the day it will be sunny, with light to moderate easterly wind. The highest temperatures will reach 10° to 15°C; in Sofia -..

published on 11/4/24 6:50 PM

Minister of Innovation: There was video surveillance in more than 99.5% of the polling stations

Over 99.5% of Bulgaria's polling stations were covered by video surveillance in the October 27 parliamentary elections. This was stated at a briefing by the Caretaker Minister of Innovation and Growth Rosen Karadimov, appointed by the caretaker..

published on 11/4/24 6:05 PM

17 drifting mines have been destroyed in the Black Sea since the beginning of the war in Ukraine

17 drifting mines have been discovered and destroyed in the Black Sea by the Naval Forces of Bulgaria, Romania and Turkey since the beginning of the war in Ukraine until today. This was said by Fleet Admiral Velko Velkov at the opening of the Poseidon..

published on 11/4/24 5:45 PM