Average annual inflation will hit 10.4 per cent in 2022, according to the Treasury's spring macroeconomic forecast, against an expectation of 3.1 per cent when the state budget was set.
Transport fuels will rise by 25.1%. Brent oil will average $100 a barrel. Food, services and non-energy products will see serious increases.
Inflation of more than 12% is possible in case of further complications with the main risk being the course of the war in Ukraine.
Unemployment will remain low, but economic growth will slow to 2.6%, compared to 4.8% expected before.
Bulgaria’s real GDP growth is expected to stand at 2.1% in 2024, indicates the macroeconomic forecast of the Bulgarian National Bank (BNB) in June. Bulgaria’s real GDP growth is expected to stand at 2.1 per cent in 2024, driven by the positive..
The caretaker government has instructed Deputy PM and Minister of Finance Lyudmila Petkova to submit, by 11 September, a proposal for amending the REpowerEU chapters of the recovery and resilience plan. This is being done so as to make the..
Andrey Gyurov will cease to perform his duties as Deputy Governor in charge of the Issue Department and Member of the Governing Council of the Bulgarian National Bank (BNB) until the court and parliament make a decision, the BNB announced. The..
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