7.8% is the inflation rate in Bulgaria for 2021. The last time such a rate has been registered was in 2008, the National Statistical Institute says. Because of the pandemic, the forecasts for 2022 are for inflation of 6%. This will reduce consumption, and economic growth respectively down to 3.6-3.9%.
The steepest price rise during the year is of foodstuffs – cooking oil by 24.4%, followed by bread – 15.2%, dairy products and eggs – 9.8%. The prices of vegetables have gone up by 12.4%, and of fruit – by 9.6%. Transport costs have gone up by 22.2%.
Clothes (0.8%), communications (5.3%) and airline tickets (7.8%) are the only commodities whose prices have gone down year-over-year.
The Black Sea is one of the fastest warming seas in the world . By the end of the century, wind speeds in the region are expected to increase, rainfall is expected to increase and air pressure is expected to rise. The regions of Varna, Dobrich and..
Bulgaria's Minister of Culture Nayden Todorov has signed two important international documents, thanks to which Bulgaria will cooperate with Australia, as well as with Romania, Croatia and Serbia in the field of studying, preserving and promoting..
Travellers at Sofia Airport's Terminal 2 can now enjoy a new lounge area that combines a modern relaxation area with a shared workspace. Announced on its Facebook page, the new space offers international travellers from the Schengen area access to..
The man injured in the explosions at a fireworks warehouse near the village of Elin Pelin has died. The doctors did everything they could, condolences to..
The Bulgarian state is planning to allocate significant funding for the new laboratory at the Bulgarian base in Antarctica , public service TV BNT..
The 33rd Summer Olympics will be officially opened in Paris today. On this occasion, Bulgaria's Head of State Rumen Radev is in the French capital to..
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