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

The EBRD lowers growth forecasts, but is optimistic about inflation

Photo: ebrd.com

The European Bank for Reconstruction and Development (EBRD) has slightly lowered its growth forecasts for the regions in which it invests.

Bulgaria's economy will grow by 2.9 per cent in 2025, 0.1 per cent less than initially forecast in May. 

In its latest Regional Economic Prospects report, output in the EBRD's regions for 2024 has been revised down by 0.2 percentage points to 2.8 per cent.  The report, entitled "Along the adjustment path", cites several reasons for the downward revisions, including the impact of severe drought and ongoing military conflicts in south-eastern EU countries. 

The EBRD highlights falling regional inflation. It has fallen from a peak of 17.5 per cent in October 2022 to 5.8 per cent in July 2024. However, inflation remains 1.6 percentage points above the pre-pandemic average. 



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

Germany, Romania and Italy are Bulgaria's main trading partners in the EU

Bulgaria's main trading partners are Germany, Romania, Italy, Greece and France, which account for 62.5% of exports to EU Member States, according to NSI data. In February, exports of goods from this country to the EU decreased by..

published on 5/13/25 2:10 PM

Postponing the free electricity market for household consumers and how it will affect Bulgarians

The liberalization of the electricity market for household consumers and their entering the free electricity market, something companies did years ago, is being postponed. At least for now. The reform should have entered into effect on 1..

published on 5/12/25 11:03 AM

Preparations for the introduction of the euro in the non-banking financial sector are at an advanced stage

The preparation of the non-banking financial sector for the introduction of the euro is at a very advanced stage and a significant part of it has already taken concrete measures to adapt to the new currency, the new chairman of the Financial..

published on 5/11/25 12:25 PM