Due to rising fuel prices, annual inflation in Bulgaria accelerated to 4.8% in September, the National Statistical Institute announced. This is the highest increase since February 2020.
The consumer price index rose by 0.4% compared to the previous month. In August the CPI saw a 3.7% increase. Gas prices increased by 12%, coal prices rose by 4.7%. Prices of firewood also increased by 4.7%.
Staple food prices are expected to rise by another 7% by the end of the year, the Chairman of the State Commission on Commodity Exchanges and Markets Vladimir Ivanov predicted.
We have a very serious communication problem with the state, the reasons for which are unknown, say representatives of the branch organisation of poultry farmers in Bulgaria, trying to define the problems which have accumulated in the sector. The..
Economist Stoyan Panchev : Against the backdrop of inflation in the Eurozone and insecurity over the war in Ukraine, we should be in no hurry to replace the Bulgarian Lev with the Euro Bulgaria’s Recovery and Resilience Plan has been..
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..
In 2020, 70,000 Bulgarians, or 1% of the population, owned 18.3% of the gross domestic product, which is equal to more than EUR 11.25 billion . In 2005,..
26 May is tax freedom day for Bulgarians this year. The Institute for Market Economics has estimated that this year, we have to work 146 for the state..
Nearly 90% of the wheat, sunflower and corn sown in Bulgaria are imported hybrid varieties, although these are the three most important crops for..
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