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

Inflation rate will fall back to single digits as early as May, economy minister says

Caretaker Minister of Economy Nikola Stoyanov
Photo: BGNES

“As early as in May, the inflation rate is going to drop below 10%,” caretaker Economy Minister Nikola Stoyanov said in an interview with NOVA TV, and added it had been going down for seven months, and that in summer it will fall back to single digits.

According to Minister Stoyanov, there is every reason for the price of foodstuffs to go down, as the prices of fuels have gone back to 2021 levels. “Wholesale prices have been going down in the past 7-8 months, retail prices have not,” he added.

Regarding the inspections at large chain stores, Minister Stoyanov stated that more than 1,450 inspections had been carried out so far, 841 statements drawn up, and that there are upwards of 350 instances in which unfair trading practices is suspected. “At first, practically every inspection established breaches. They have now fallen below 25%, i. e. the checks are having a disciplinary effect on the chain stores,” he commented.



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

President Radev (R) and King Abdullah II

Aqaba Process summit in Sofia addresses terrorism, migration and radicalisation in the Balkans

The President of Bulgaria, Rumen Radev, and the King of Jordan, Abdullah II, are hosting the Aqaba Process Summit, which focuses on the Balkans and brings together nearly 30 delegations. These delegations are led by Heads of State, government..

published on 4/4/25 3:53 PM
Bulgarian Prime Minister Rosen Zhelyazkov

Bulgaria cannot intervene in espionage case against Bulgarians in the UK, says PM Zhelyazkov

Bulgaria cannot intervene in the espionage case against Bulgarian citizens in the UK. This was stated by Prime Minister Rosen Zhelyazkov during parliamentary question time, in response to a question from the Velichie party.  "Criminal justice is carried..

published on 4/4/25 2:22 PM

Civil society calls for effective policing and an end to animal cruelty

Bulgarians have traditionally had a deep respect and gratitude for domestic animals. For generations, horses, oxen, donkeys and cows have been indispensable partners in agricultural life, faithfully assisting people in their daily work.  While..

published on 4/4/25 1:53 PM