Inflation in Bulgaria will reach 12.8% in 2022, the European Commission’s autumn economic forecast shows. Inflation is forecasted to be 0.3% higher as compared to the Commission’s summer forecast. In 2021, Bulgaria’s inflation was 2.8%. The..
In March inflation in Bulgaria hit a fourteen-year peak of 12%, data of the National Statistical Institute show. In one month only, consumer prices increased with 2.2%, transport costs rose by 7.9% and food prices went up by 3.3%. The price of..
The budgets of Bulgaria’s households have been subject to significant price pressure. “Not so long ago, we could go shopping with EUR 10-15. Now, we spend twice more on the same products and our salaries have not seen any increase at all”,..
Inflation in Bulgaria is gaining momentum and prices continue to rise. The Confederation of Independent Trade Unions in Bulgaria (CITUB) forecasts that annual inflation will exceed 6%. CITUB insists that the 2021 state budget be amended for the second..
The price of electricity for the industry reached BGN 300 (EUR 150) per megawatt-hour, just four days after the third caretaker government within the mandate of President Rumen Radev took office. According to Prime Minister Stefan Yanev, the..
The European Commission has announced it is lowering its growth forecast for the Bulgarian economy in 2018 from 3.8 to 3.5 percent because of weaker export performance, but that nonetheless, the growth rate continues considerably above the EU average..
Eurostat has reported that unemployment in the 28 members of the European Union fell in October to the level of 7.5%. In Bulgaria in October inflation fell to 7.4 percent and reached its lowest level since September 2009, when it was also 7.4 percent...
The consumer price index in Bulgaria for the period October 2016 to September 2016 was 100.2%, which means monthly inflation was 0.2%. Inflation since the beginning of the year (October 2016 to December 2015) was minus 0.4%, while the annual inflation..
