Text size

Inflation up 29.9 per cent since 2021, bread prices up 43.3 per cent

published on 1/13/25 5:48 PM

Photo: BGNES

An analysis by experts from the Confederation of Independent Trade Unions in Bulgaria (CITUB) shows that the cumulative growth of inflation (measured by the Consumer Price Index) over the last four years (from the beginning of 2021 until now) is exactly 29.9%.

However, this is an average indicator that often does not reflect the real level of personal inflation for each consumer. For this reason, inflation is often looked at for individual items in the small consumer basket. This, experts say, gives an idea of the real purchasing power of the majority of people.

The cumulative inflation for bread and cereals alone over the same period was 43.3%. Since the introduction of zero VAT, bread has become between 1% and 11% cheaper in the short term, but in the long term its price is rising, the union said.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria News 2021 bread citub inflation small consumer basket

More from category

Autumn weather changes expected

On Thursday, the lowest temperatures will be between 9 and 14°C; in Sofia – about 12°C. During the day there will be rain showers in the western and southeastern regions of Bulgaria. The precipitation will be more intense in the..

published on 9/24/25 7:15 PM

Ancient harbour from 1st millennium BC found off Cape Kilik

Underwater excavations near Cape Kilik in Bulgaria’s Avren municipality have revealed evidence of a harbour dating back to the early 1st millennium BC. The September 17–23 expedition, led by Prof. Ivan Hristov with divers from the National..

published on 9/24/25 6:01 PM

EU enlargement a natural priority for Sofia – Bulgarian FM says in New York

Bulgarian Foreign Minister Georg Georgiev told a B4 meeting that EU enlargement is a natural priority for Sofia. Speaking on the sidelines of the 80th UN General Assembly, Georgiev joined counterparts from Greece, Romania and Croatia to discuss..

published on 9/24/25 5:49 PM