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

Businesses and trade unions fail to reach agreement on 2026 minimum wage

Talks on Bulgaria’s 2026 minimum wage ended without agreement between businesses and trade unions at the Commission on Incomes and Living Standards under the National Council for Tripartite Cooperation. A new round of discussions is scheduled for 6..

published on 9/25/25 4:07 PM

J-pop idol Hiromitsu Kitayama is Bulgaria's new Goodwill Ambassador

Japanese pop idol and actor Hiromitsu Kitayama was appointed Goodwill Ambassador to Bulgaria at a ceremony held at the Bulgarian Embassy in Tokyo on 24 September 2025. In a post on its official Facebook page, the embassy notes that Kitayama is one of..

published on 9/25/25 2:17 PM

Tomislav Donchev: The opposition’s calls for suspending the Recovery and Resilience Plan funding cannot be underestimated

"One of the first tasks of this government eight months ago was literally to save Bulgaria’s Recovery and Resilience Plan", said Deputy Premier Tomislav Donchev before the start of today’s cabinet meeting. According to Tomislav Donchev, successful..

published on 9/25/25 1:38 PM