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Prices in Bulgaria are among the lowest in the EU

The lowest price levels for household’s spending last year were registered in Romania, Bulgaria and Poland, while in Ireland they were the highest, according to Eurostat data, quoted by NSI. In Bulgaria, the prices were - 59% of the average level..

21.06.23 18:32 |

Deflation for the first time in an year 

The National Statistical Institute reported deflation of 0.1% in May for the first time in a year. Year-on-year inflation was 10.1 per cent.  Prices were down in four consumer categories - entertainment and culture; transport; housing, water,..

14.06.23 14:18 |

Natural gas to become significantly cheaper in June

Natural gas prices should drop by 15% as of June 1. This proposal was submitted to the Commission for Energy and Water Regulation by the executive director of Bulgargaz, Denitsa Zlateva.  Initially, on May 11, it was discussed that the reduction..

29.05.23 11:49 |

Natural gas continues to drop in price

Natural gas prices will continue to fall in the next two months . The Bulgarian gas company Bulgargaz submitted to the Commission for Energy and Water Regulation (KEVR) an application for approval of a price for June 2023 in the amount of 35 euros per..

11.05.23 19:05 |
Георги Ангелов

Economist: Grain prices will continue to drop

"The farmers' problem is not related to imports from Ukraine, which are minimal - 0.3% of Bulgarian production. This is the opinion of Georgi Angelov, senior economist at the Open Society Institute. "When Ukrainian grain imports are stopped, it will..

19.04.23 15:45 |
Nikola Stoyanov

Government is aware that the markup cap is an ‘anti-market measure’

The business will not be affected by a price cap, caretaker Minister of Economy, Nikola Stoyanov, has told Nova TV. He commented on the draft law on food prices, published for public consultation, according to which 17 basic food..

10.04.23 10:33 |

Caretaker cabinet to present electronic platform for comparing prices in retail chains

Today , the caretaker cabinet is to present the electronic platform for comparing   prices in retail chains, said Deputy Premier and Minister of Transport , Information Technology and Communications Hristo Alexiev. He explained that the..

24.03.23 05:05 |

Prime Minister Galab Donev: "Bankruptcy of the state" is just a media headline

The state finances are stable and there is no threat to the currency board, to the lev-euro exchange rate, to wages and pensions , caretaker Prime Minister Galab Donev said in an interview with Nova TV. According to him, in the..

18.03.23 12:15 |

Eurostat: Annual inflation in Bulgaria has gone up more than four-fold

Annual inflation in Bulgaria has gone up more than four-fold in 2022 as compared to 2021, Eurostat data show.  In 2022, EU annual inflation reached the highest level ever measured at 9.2%. Compared with 2021, when the annual value was 2.9%, it more..

09.03.23 16:31 |

Bulgaria's government wants to reduce food prices by at least 20 percent

Mass retail chains in Bulgaria are currently putting an 80-90% markup on food products , caretaker Economy Minister Nikola Stoyanov told Nova TV.  The caretaker cabinet is planning to introduce a "ceiling" on the trade markup of up to 20 or 25% ...

07.03.23 11:01 |
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