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

Business climate in Bulgaria worsens in October

In October 2024, the total business climate indicator decreased by 5.6 percentage points compared to September, dropping from 22.5% to 16.9%. The index declined in all monitored sectors, the National Statistical Institute announced. In industry, the..

published on 10/30/24 1:36 PM

Institute for Market Economics: The future administration of the country must make unpopular decisions

Petar Ganev , senior researcher at the Institute for Market Economics announced, for the BNR, the publication of their white paper of the Bulgarian economy – Unlocking growth: the road ahead after the election. “Concord should be sought and..

published on 10/30/24 10:41 AM

Bulgarian business is looking to hire 261,926 new workers and professionals

In the next 12 months, the Bulgarian business needs about 262,000 workers and specialists , according to a study by the Employment Agency. This is nearly 9.3% of the currently employed. Compared to the results in 2023, there is a..

published on 10/24/24 11:42 AM