Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

NSI: Bulgaria Records Second Consecutive Month of Deflation

Photo: Pixabay

According to data from the National Statistical Institute, Bulgaria experienced a monthly inflation rate of -0.2% in May 2024. Year-on-year inflation from May 2024 compared to December 2023 stands at 0.4%, while the average annual inflation rate for the period June 2023 to May 2024 versus June 2022-May 2023 is 5.1%.

The sectors with the largest price decreases include Communications (-1.5%), Entertainment and Culture (-1%), and Transport (-0.9%). Conversely, the sector with the largest price increase was alcohol and tobacco, rising by 1%.

In April 2024, the monthly inflation rate was recorded at -0.3%.



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

Bulgarian National Bank building

Bulgarian National Bank lowers economic growth outlook

Bulgaria’s real GDP growth is expected to stand at 2.1% in 2024, indicates the macroeconomic forecast of the Bulgarian National Bank (BNB) in June. Bulgaria’s real GDP growth is expected to stand at 2.1 per cent in 2024, driven by the positive..

published on 7/20/24 10:26 AM

Bulgaria to ask European Commission to amend recovery and resilience plan

The caretaker government has instructed Deputy PM and Minister of Finance Lyudmila Petkova to submit, by 11 September, a proposal for amending the REpowerEU chapters of the recovery and resilience plan. This is being done so as to make the..

published on 7/18/24 12:10 PM
Andrey Gyurov

BNB wants the court and the parliament to rule on the case involving Deputy Governor Andrey Gyurov

Andrey Gyurov will cease to perform his duties as Deputy Governor in charge of the Issue Department and Member of the Governing Council of the Bulgarian National Bank (BNB) until the court and parliament make a decision, the BNB announced. The..

published on 7/17/24 9:23 AM