Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

12.4% annual inflation increase in March

Finance Minister Assen Vassilev
Photo: BGNES

The annual inflation rate has accelerated in March for the 13th consecutive month, reaching 12.4% as compared to 10% in February, reaching its highest level since 2008, National Statistical Institute data show. Within the space of just one month, consumer prices have gone up by 2.2%, transport costs by 7.9%, food and soft drinks by 3.3%, hotel and restaurant prices by 2.8%.  

Finance Minister Assen Vassilev declared that all proposals for addressing the inflationary pressure will have been summarized within a fortnight, and the package of measures will be ready before the update of the budget in summer.

“The biggest inflationary pressure comes from the supply chain, food, and that is where a large part of the measures should be targeted. The other direction major pressure will probably come from are metals,” he commented. 



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Kalin Stoyanov

Explosions near Elin Pelin continue, a third victim has been found in the warehouses

The explosions near the village of Gara Elin Pelin continue, caretaker Minister of Interior Kalin Stoyanov said. Heavily equipped specialists have entered the 6th warehouse of the "Enigma" company and have secured unexploded pyrotechnics. A body was..

published on 7/28/24 9:40 AM

Hot and sunny Sunday with a gentle breeze

Overnight it will be clear and almost calm . Sunday will be sunny. Daytime temperatures will rise, with highs mostly between 31°C and 36°C, around 32°C in Sofia. It will be sunny over the mountains. There will be light winds from the east,..

published on 7/27/24 7:05 PM

Romania takes measures to reduce waiting times at the Friendship Bridge between Giurgiu and Ruse

The Romanian Border Police has ordered measures to ensure operational control and reduce waiting times at the border with Bulgaria at Giurgiu-Ruse , where heavy traffic is expected over the weekend, BTA reported, citing the Agerpres agency.  An..

published on 7/27/24 4:41 PM