Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Bulgarians get poorer, inflation erodes purchasing power

Photo: BGNES-archive

EUR 1,243 per month is the income a family with a child under 14 needs to cover the cost of living, shows data of the latest survey of the largest trade union in Bulgaria- the Confederation of Independent Trade Unions in Bulgaria (CITUB).

 Living expenses have gone up by EUR 187 in the space of one year. Living expenses for a single-person household have gone up by 17.7% to EUR 690. Due to inflation and insufficient wage increase, for the first time in many years, a decrease in purchasing power was recorded. 

Prices of 20 vitally important goods from the so-called small consumer basket rose by 40-50% year-on-year. Bulgarians can buy 6.6 baskets with the minimum wage. For comparison, Romanians can buy 11 baskets with the minimum monthly salary. Germans can buy 29 baskets with the minimum salary.




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

Photo: Consulate General of Bulgaria in New York

NYC Bulgarian Professionals Network organizes a meeting in New York

NYC Bulgarian Professionals Network is organizing the first NYC Bulgarian Professionals Happy Hour for the year. The event will take place in New York. "I welcome the initiative... and I will gladly join again", announced Bulgarian diplomat..

published on 1/21/25 9:36 AM

Bulgaria and Montenegro discuss cooperation under the "Destination Balkans" initiative

The potential for the development of Sofia and Plovdiv within the framework of Bulgaria’s "Destination Balkans" initiative was one of the topics discussed during a meeting between Bulgaria's Minister of Tourism Miroslav Borshosh, Montenegro’s..

published on 1/21/25 9:08 AM
Monument to Dabko Dabkov in the center of Varna

150 years since the birth of architect Dabko Dabkov, who left a bright mark on Varna

The Municipality of Varna is organizing a celebration for the 150th anniversary of the birth of great architect Dabko Dabkov (21.01.1875 - 08.04.1945). The anniversary will be marked today with a discussion in the municipality at 16:00 on the topic..

published on 1/21/25 7:10 AM