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Bulgaria's government approves 2026 draft budget

The government approved the draft Law on the 2026  State Budget, as well as the Updated Medium-Term Budget Forecast for the 2026–2028 period. In connection with the introduction of the euro on January 1, 2026, all figures have been prepared in..

13.11.25 15:35 |

In mid-2025 annual inflation is 4.4%

Monthly inflation stands at 0.4%, and annual inflation at 4.4%, the National Statistical Institute has announced. In May, the annual inflation stood at 3.7%, the highest since December 2023. The acceleration of the annual inflation rate in..

15.07.25 13:23 |

Bulgaria's GDP growth accelerates in the first quarter of 2024

In the first quarter of 2024, the country’s real GDP growth is expected to accelerate, which is a prerequisite for similar annual dynamics, the Bulgarian National Bank said in its regular economic review. The GDP growth is mainly due to the..

14.05.24 09:38 |

Average monthly salary in Sofia reaches EUR 1,221

In the third quarter of 2022, t he average monthly salary in Bulgaria amounted to EUR 891 , which was 14.7% more as compared to the same period last year. The capital Sofia tops the ranking with an average monthly salary of EUR 1,221, or 37.1%..

08.12.22 18:00 |

How long will the price storm in Bulgaria rage?

The elections have passed but uncertainty about the future after them remains. To the expectations for a regular cabinet with a longer work horizon, people also add the hope that the MPs will try to control inflation and to raise incomes. Before the..

17.10.22 15:27 |

Bulgaria’s annual inflation hits new high in June

Bulgaria’s annual inflation accelerated for the 16th consecutive month, rising from 15.6% in May to  16.9% in June , data of the National Statistical  Institute   indicate.  Transport prices rose 4.2% and restaurant and hotel prices increased..

15.07.22 12:49 |

Annual inflation in Bulgaria hits 14.4%: National Statistical Institute

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..

17.05.22 12:03 |

The annual inflation rate in Bulgaria soars to 10% in February

The annual inflation rate in Bulgaria accelerated for the 12 th consecutive month to 10% in February, from 9.1% in the previous month, data of the National Statistical Institute indicate. On a monthly basis, consumer prices increased with 1.4%,..

15.03.22 13:13 |

NSI: The annual inflation rate in Bulgaria soars to 9.1% in January

The annual inflation rate in Bulgaria increases to 9.1% in January, data of the National Statistical Institute indicate.  In January 2022, the price of peppers increased with 22% as compared to the same period in 2021. The price of cucumbers went up..

15.02.22 18:21 |

Bulgaria’s cabinet to discuss the 2022 state budget

Bulgaria’s cabinet is expected to meet online today to discuss the 2020 draft state budget, the budget of the State Social Security and the National Health Insurance Fund. The 2022 draft budget envisages a GDP growth of 4.8%, or 1.2% more as..

31.01.22 05:05 |
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