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

Annual inflation in Bulgaria hits 14.4%: National Statistical Institute

Photo: Alami/Reuters

The monthly inflation in Bulgaria in April has been estimated at 2.5%, as the prices of food products and non-alcoholic beverages rose by 4.5%. The main upward pressure on inflation in April was exerted by the prices of clothing and footwear, which increased by 6.4%. There is another increase in transport prices, which increased by 3.5%.

Annual inflation is already 14.4%, compared to 12.4% in the previous month. The new level is almost close to the values ​​of the summer of 2008 on the eve of the global financial crisis, according to data from the National Statistical Institute.

At the same time, in the first quarter of 2022, the country's GDP growth was 4.5% on an annual basis, which is slightly above forecasts.



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

Institute for Market Economics

High added value manufacturing marks significant growth: Institute for Market Economics

Bulgaria’s industry is being transformed in the direction of high added value productions, reads an analysis by the Institute for Market Economics. This tendency is best manifested in computer science, electronics and optics which account for the..

published on 11/16/24 2:04 PM

Monthly inflation rises to 1.1%

Acceleration of inflation to 1.1% in October compared to the previous month was registered by the National Statistical Institute. On an annual basis, the index is 1.8 percent. In October, the prices of goods and services for..

published on 11/15/24 3:22 PM

Employers and trade unions discuss the mechanism for determining the minimum wage

A working group comprising representatives of employers, trade unions and government experts is discussing the proposals of the Ministry of Labor and Social Policy for introducing a new mechanism to determine the minimum wage. This is happening a day..

published on 11/14/24 9:31 AM