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

OECD expects inflation in Bulgaria to slow from 9.5% in 2023 to 3.0% in 2024

Photo: BNR

The Organisation for Economic Co-operation and Development (OECD) forecasts an acceleration in Bulgaria's economic growth from 1.8% in 2023 to 2.5% in 2024 and to 2.9% in 2025 as public investment increases along with EU funds. OECD expects inflation in Bulgaria to slow from 9.5% in 2023 to 3.0% in 2024, primarily due to falling global food and energy prices. 

However, high wage growth is an obstacle to a faster reduction in inflation, the OECD notes. The ongoing political uncertainty puts the country's planned reforms and investments at risk, OECD further said. Difficulties and delays in implementing the reforms necessary to access EU funds risk reducing the amount of EU funding and additional investment, warns OECD.




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

Energy Minister Zhecho Stankov

Bulgaria's Chiren gas storage facility boosts capacity by 20 percent

One of the key steps in the expansion of the underground gas storage at Bulgaria's Chiren gas storage facility, the construction of the above-ground infrastructure and the installation of new compressors, has already been completed, Energy Minister..

published on 3/31/25 2:20 PM

Cheap labour is no longer a leading factor in attracting foreign investments in Bulgaria

Transformation – this is the word that most accurately describes the current state of the Bulgarian industry. According to an analysis of sectoral data for the period from 2008 to the beginning of 2024, made by the Institute for..

published on 3/31/25 1:19 PM

The tourism sector in Bulgaria is ready to work with the common European currency

Tourism is one of the sectors in Bulgaria ready to the greatest extent to smoothly continue working after Bulgaria joins the Еurozone , the executive director of the National Tourism Board, Dr. Polina Karastoyanova, believes. In tourism, and at this..

published on 3/26/25 2:10 PM