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.
In the period January - September 2024, exports of goods from Bulgaria to the EU decreased by 3.6% compared to a year earlier and amounted to 20.895 billion euros. The main trading partners are Germany, Romania, Italy, Greece and..
Shell Exploration and Production (96) B.V , a subsidiary of Shell, will explore for oil and natural gas in Block 1-26 Khan Tervel, located in Bulgaria's exclusive economic zone in the Black Sea, announced Bulgaria's caretaker Minister of Energy..
The Bulgarian-Moldovan Chamber of Commerce and Industry held a meeting with leading specialists from the energy sector of Bulgaria and Moldova. The online conference was led by the Chairman of the Bulgarian-Moldovan Chamber of Commerce and Industry,..
In 11 district cities in Bulgaria, 1 square meter of residential space costs under EUR 1,000. In 13 district cities, the price ranges from EUR 1,000 to..
Mostly Cloudy
Partly Cloudy
Cloudy