“Inflation in Bulgaria is much higher than the average in Europe. It is a matter of time for the prices to start turning back,” Minister of Economy in the caretaker cabinet Nikola Stoyanov said for the BNR. Wholesale prices are calming..
The Energy and Water Regulatory Commission approved the price of natural gas for February at BGN 124.34/MWh (EUR 63.46/MWh), excluding access, transmission, excise and VAT. This is 31% lower than the January price of BGN 179.33/MWh (EUR..
The expenses of Bulgarian households have risen dramatically. For a year, the sum needed for a family of three to cover the cost of living has increased by about BGN 366 (185 euros) and the necessary net monthly income reaches BGN..
In December, annual inflation in Bulgaria stabilized at the November level of 16.9%, according to the data of the National Statistical Institute. On a monthly basis, however, there is an increase in consumer prices by 0.9% compared to November...
The 20 main food products that Bulgarians use every day, and a large part of which are present at the Christmas table, have increased in price by nearly 50% in one year, according to the data of the Central Bank of Bulgaria. Among them are rice,..
The inflation rate is slowing down for the second month running. In November the National Statistical Institute registered a 16.9% inflation rate, versus over 17% a month earlier, and the record 18.7% in September. The monthly inflation rate..
Real estate prices in Sofia have more than doubled for the past 14 months and they are expected to continue rising. 70% of the deals are for two- and three-room apartments. They are also the most expensive, Vasil Lyunchev, an analyst..
There is a slight shrinking of the real estate market in the country during the third quarter of the year. According to latest expert data, despite the expected increase in interest rates and in inflation, housing prices are still going up because..
The policy of the caretaker government in the processing and export of fuels aims to ensure more affordable prices for consumers and compliance with the EU legal framework, Hristo Alexiev, Deputy Prime Minister for Economic Policies and Minister of..
The household prices of heating, electricity, water and gas in Bulgaria have gone up by an average of 40%, but the rise is steepest with the prices of staple foods like sugar, meat, milk, bakery products at around 10% during the last quarter of the year..
