The growth of inflation in August slowed down slightly, according to data of the National Statistical Institute. The rise of the cost of living compared to the same month of 2021 reached 17.7%. The increase compared to the previous month of July was 1.2%.
In August, the highest rise in prices was recorded in housing, water, electricity and fuel - 5.2%. Prices of goods and services grew by 2.3%. Food prices rose by 1.2 percent.
A 3.8-percent decline was recorded in the prices of transport and a 2.3% drop in the prices of clothing and footwear.
The Bulgarian National Bank has announced that the caretaker government plans to take on 1 billion euros of internal debt by the end of the year. The first auction for 100 million euros will take place on September 19.
The direct losses for Bulgaria from the delayed full accession to the Schengen Area amount to EUR 424 million, caretaker Minister of Economy Petko Nikolov said . He quoted a report by the Economic Research Institute at the Bulgarian Academy of..
IT is one of the leading sectors in terms of salary increases and interest by job seekers in Bulgaria. Before the pandemic all kinds of experts were being hired regardless of their expertise or practical skills, but now preference is given to people..
The Bulgarian National Bank (BNB) announced that it is lowering the base interest rate to 3.63% as of July 1. In May and June, the base interest rate was 3.78%. Bulgaria is in a currency board and the Bulgarian lev is pegged to the euro. Therefore,..
Clear
Partly Cloudy
Partly cloudy, chance of rain