The annual inflation rate in Bulgaria accelerated for the 12th 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%, amid soaring prices of food and transport.
“We haven't ascertained any serious price distortions. As for the price of sunflower oil, more than 350 inspections were caried out in retail establishments within 3 or 4 days”, Dimitar Margaritov, Chairman of the Consumer Protection Commission, said for the BNR. In his view, there are no grounds for concern and called on Bulgarians to buy wisely.
The Bulgarian National Bank has lowered the base interest rate for the second consecutive month. As of August 1, it stands at 3.53%, down from 3.63% in July. Since the end of 2023, the base interest rate has been gradually falling. From February..
Moody's expects Bulgaria to join the Eurozone no later than the beginning of 2026. According to the rating agency, the growth of the Bulgarian economy in 2024 will be 2.9%. The ongoing domestic political crisis and the likelihood of new early elections..
Until the end of 2024, businesses will continue to receive compensations for high electricity prices. They will be 100% after a price of over 90 euros per megawatt hour on the stock exchange. The previous threshold was 100 euros. The..
T he LNG terminal near the Greek town of Alexandroupolis has officially srarted commercial operations today, the Greek company Gastrade announced. The..
The final price proposed by Bulgargaz for the sale of natural gas to its customers in October is BGN 63.72 (EUR 32.58) per megawatt-hour before tax. The..
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