In June, the total Producer Price Index (PPI) in Bulgaria increased by 41.4% compared to the same month in 2021. In May, the index rose 38.2% year on year, data of the National Statistical Institute (NSI) indicate. Producer prices increased with 3.4% on a monthly basis.
Prices for the production and distribution of gas, electricity and heat increased with 83.2% year on year, and 1.4% on a monthly basis.
The accelerated increase in producer prices suggests that consumer inflation will continue to rise. According to NSI, reported consumer inflation accelerated to 16.9% in June, the highest increase since 1998.
Bulgarians own real estate in 64 countries around the world. This is shown by data of the National Revenue Agency, provided to the "24 Chasa" daily. By April 30, 2024, 3,604 Bulgarian citizens have declared they own real estate..
Bulgaria and the US have already signed an agreement on the automatic exchange of tax information. The document was signed by Deputy Prime Minister and Finance Minister Lyudmila Petkova and US Ambassador to Bulgaria Kenneth Merten. "Administrative..
In May, the economic situation in the country improved for a second month in a row. There was an improvement in retail trade, construction and services, but there was a decline marked in industry. In construction, industry and services, no price..
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