The annual inflation in Bulgaria slowed down significantly in January, 2024, down to 3.8% from 4.7% a month earlier, the National Statistical Institute says. This is the lowest inflation level for the country since August 2021. Month-to-month, inflation has gone up in January by 0.5% compared to the previous month, when it went up by 0.3%.
Within one month, the steepest rise – by 2.2% - is of the prices from the consumer group “housing, water, electricity, gas and fuels”. With food and soft drinks, the increase is by 1%. In education, services have gone up by 0.8%, in healthcare – by 0.6%, in the hotel and restaurant business – by 0.4%. Prices have gone down in the “clothes and shoes” category – by 3.5%. In transport prices have gone down by 1.7%.
According to the prices from the small consumer basket for the lowest-income 20% of households, the price rise was highest for services – 3.7%, and food – 1.1%.
The financial situation in the country is critical, Finance Minister Temenuzhka Petkova says. Which means that the good news – the slowing inflation rate (on an annual basis) and Bulgaria’s full accession to the Schengen area at the beginning of the..
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On January 27th, government securities for 150 million euros (300 million leva) will be offered on the domestic market , the Bulgarian National Bank (BNB) announced. The bonds will have a maturity of 7 years and an annual interest rate of 3.25%. On..
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