The annual inflation rate for May 2022 compared to May 2021 is 15.6%, National Statistical Institute data published today show. The monthly inflation rate – May compared to April 2022 – is 1.2%. The steepest monthly price rise is of..
According to the National Statistical Institute inflation in Bulgaria is 14.4%, but the market basket of consumer goods includes a number of optional goods that nobody consumes. In fact, if the consumer price index is taken into account, inflation..
"The resignation of the cabinet is the best amendment of the state budget" , the leader of GERB party Boyko Borissov said in the town of Veliko Tarnovo. Borissov and MPs from the Parliamentary group of GERB met with party members and supporters from..
"The political parties represented at Bulgaria’s National Assembly must find a way out of the current situation as soon as possible, because we need responsible and sustainable governance, the country’s head of state Rumen Radev said, commenting on..
Holidays on the Bulgarian Black sea this summer will cost much more, according to data from the Institute for Analysis and Assesment in Tourism, quoted by bTV network. While last year a one-week holiday for a family of four cost an average..
There is a danger of an inflationary spiral, Bulgarian National Bank's Deputy Governor Kalin Hristov warned at a parliamentary roundtable on Introducing the single European currency in Bulgaria. In 2021, we already had widespread inflation spreading..
Bulgaria has the sixth highest inflation in the EU . I n April, inflation reached 14.4 % year on year , whereas the EU average was 8.1%, reads an analysis by the Confederation of Independent Trade Unions in Bulgaria (CITUB) regarding the..
The World Bank predicts that global consumption will contract due to the crisis stemming from the war in Ukraine. In this situation, the Bulgarian society is expecting adequate policies aimed at protecting people from becoming poor...
The monthly inflation in Bulgaria in April has been estimated at 2.5%, as the prices of food products and non-alcoholic beverages rose by 4.5% . The main upward pressure on inflation in April was exerted by the prices of clothing and footwear, which..
Gas prices are expected to rise on a one-off basis due to the halted supplies from Russia, but they will be offset by alternative supplies, according to European Commission's latest spring macroeconomic forecast for Bulgaria . Energy prices..
