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

Bulgaria and Argentina take new steps in their trade cooperation

Bilateral relations between Bulgaria and Argentina have received a new impetus for development following the visit of an Argentine delegation from the Chaco province to Bulgaria at the beginning of November . High-ranking officials from the..

published on 11/5/24 11:49 AM
Dobrin Ivanov

Employers want the Supreme Administrative Court to freeze the minimum wage

Employers are contesting the rise of the minimum wage. The Bulgarian Industrial Capital Association announced that they filed a complaint in the Supreme Administrative Court. About 430,000 people in the country work for minimum wage...

published on 11/5/24 11:41 AM

Jesus Caballero grabs Manager of the Year Award for 2024

If the political crisis continues, the lost benefits will reach a threshold after which the Bulgarian business will begin to lose competitiveness due to growing deficits in education, healthcare, infrastructure, regional development and demographics...

published on 11/5/24 9:54 AM