Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Living expenses are growing faster than incomes

Photo: BGNES

In the past 3 months, the income needed to support 1 person has grown by 3.1%. On an annual basis the rise is 14.6%, according to the monitoring on consumer prices and wages by the CITUB trade union. The sum needed to support a working person living alone increases by 89 euros, and for a family of three by 160 euros. The net monthly income needed by a single person is EUR 697; for a family of three it is EUR 1,254. The inflation rate for essential goods reaches 25 percent and wages in the state budget have lost 6% of their purchasing power since the beginning of 2023.

2/3 of working people do not receive the money they need to live normally, CITUB economist Luboslav Kostov said. According to CITUB calculations, the minimum monthly wage should be 650 euros, not 390.




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

Energy Minister Vladimir Malinov

Alexandroupolis LNG Terminal starts commercial operations

The commercial launch of the liquefied natural gas terminal in Alexandroupolis, Greece, is expected today . The terminal has already successfully completed all commissioning tests. The opening was originally scheduled for April 2024, but was later..

published on 10/1/24 7:30 AM

Sunny, windy and cold in the morning

On Tuesday it will be sunny and windy in most parts of the country. Clouds will develop in the northeast and along the Black Sea coast, where it may rain in places.  Lows will be between 5 and 10°C, 5°C in Sofia. Highs will be between 16 and 21°C...

published on 9/30/24 7:05 PM

Some Bulgarians in Lebanon have been evacuated on a government aircraft flight

Bulgaria has begun evacuating our fellow citizens who expressed a desire to leave Beirut following Israel's attacks on Lebanon. Some of the Bulgarians in Lebanon have already been evacuated on a government aircraft flight, BNR's correspondent Mira..

published on 9/30/24 5:59 PM