Podcast in English
Text size
Bulgarian National Radio © 2024 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

Medical specialists and pilots to undergo air ambulance training

New trainings for pilots and medical specialists for the needs of air transport emergency medical operations are planned for January. 36 doctors and nurses, as well as several more pilots will be undergoing HEMS training (Helicopter Emergency Medical..

published on 12/14/24 4:41 PM

Christmas carnival relay run takes place in Varna

More than 150 people, most of them with their families, took part in the traditional Christmas carnival relay run in the Sea Garden in Varna. Thirty-three teams participated in the event, organized by Varna municipality’s sports department and..

published on 12/14/24 4:26 PM

Today is the day of Veterinary Medical Specialists in Bulgaria

14 December is the Day of Veterinary Medical Specialists in Bulgaria. T he foundations of veterinary medicine in this country were laid after Bulgaria's liberation in 1878. The first veterinary bacteriological station in the country was..

published on 12/14/24 2:28 PM