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.
The Bulgarian National Bank (BNB) has posted, to its website, the answers to important questions connected with the adoption of the euro and the country’s entry into the Eurozone. The official BGN to Euro exchange rate is fixed, with the Lev..
89% of German investors in Bulgaria would choose Bulgaria again for their investments . This is indicated by a study by the German-Bulgarian Chamber of Industry and Commerce conducted in 2024. Germany continues to be a key partner of Bulgaria in terms of..
The euro area annual inflation rate was 2.5% in January 2025, up from 2.4% in December 2024. In Bulgaria, it accelerated more sharply in January to 3.8% from 2.1% a month earlier , reaching the highest level in 12 months (since January 2024, when it..
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