Text size

Cumulative inflation for the last 3 years is 30%, NSI President says

published on 3/31/24 4:25 PM

NSI President Assoc. Prof. Dr. Atanas Atanasov

Photo: BGNES

The National Statistical Institute (NSI) expects a high evaluation from the inspection of the Organisation for Economic Co-operation and Development (OECD), said NSI President Assoc. Prof. Dr. Atanas Atanasov.

A report will be released by the end of April and in June we expect to be heard in Paris about our readiness to join the OECD. I assume that the NSI will be the first part of Bulgaria's full membership in the OECD, Atanasov stated.

He said that the cumulative inflation in the country for the last three years was just over 30%. In 2023, it will be close to 17 per cent. Inflation does not mean impoverishment, NSI President explained, adding that "the trend of people travelling more at home and abroad continues, which is not a sign of impoverishment." He pointed out that the devaluation of the currency is a result of the absence of strong anti-inflationary measures.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria Economy atanas atanasov cumulative inflation inflation nsi oecd

More from category

Natural gas prices up 3% in October

The final price proposed by Bulgargaz for the sale of natural gas to its customers in October is BGN 63.72 (EUR 32.58) per megawatt-hour before tax. The 3% price increase is expected to be approved by the Energy Regulatory Commission. The October price..

published on 10/1/24 5:12 PM

Commercial operations of the Alexandroupolis LNG terminal begin

T he LNG terminal near the Greek town of Alexandroupolis has officially srarted commercial operations today, the Greek company Gastrade announced. The facility features state-of-the-art technology with a maximum regasification capacity of 5.5 billion..

published on 10/1/24 11:01 AM

NSI: Business expectations fall due to uncertain economic environment

In September, the overall Business Climate Indicator for the country decreased by 1 point compared to August. The decline reflects a less favourable assessment in the industry sector, where the indicator fell by 5.2 points. Managers in industry reported..

published on 9/30/24 2:02 PM