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

Grozdan Karadzhov

Grozdan Karadzhov: The full accession of Bulgaria and Romania to Schengen is key for the region

The full accession of Bulgaria and Romania to Schengen is one of the most significant events for the region, Deputy Prime Minister and Minister of Transport and Communications Grozdan Karadzhov said during the fifth edition of the Sofia Economic..

published on 1/20/25 11:29 AM

Schengen is the key word for 2024 for Bulgaria

Schengen is the key word for 2024 for Bulgaria. With 37% of the votes, the Luxembourg village, which has become a symbol of borderless travel within the EU, topped the rankings in a survey conducted by the literacy and spelling platform "How to Spell"...

published on 1/20/25 10:22 AM
Defence Minister Atanas Zapryanov

Bulgaria has the lowest defense spending compared to its neighbors

Bulgaria will continue to help Ukraine in line with the decision of the National Assembly , Defence Minister Atanas Zapryanov told bTV. "We will continue to support Ukraine as we have done so far. What we have done is based on the decisions of..

published on 1/20/25 9:28 AM