Text size

Statistics show a sharp drop in annual inflation in the country

published on 10/15/24 2:02 PM

Photo: National Insurance Institute

Inflation in Bulgaria slowed down in September to 1.2 percent from 2.1 percent in August, hitting the lowest level since March 2021, data from the National Statistics Institute showed. Compared to August, there is a deflation of 1%, after the 8th month of the year, the consumer price index rose by 0.1% compared to July.

The sharp deceleration of annual inflation in September was due to a weaker increase in prices in health care, in the restaurant and hotel business. Transport costs also decrease in the field of "entertainment and culture". However, inflation increased slightly for food, beverages and tobacco products.

The peak of inflation in Bulgaria was in September 2022, when it reached 18.7 percent on an annual basis.

By reducing inflation, Bulgaria is getting closer to the criteria for entering the Eurozone.

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

Radio Bulgaria News annual inflation in Bulgaria inflation inflation in Bulgaria

More from category

Bulgarian President meets US business delegation

Bulgaria is ready to support investments in the development of digital infrastructure and connectivity, said President Rumen Radev at a meeting with representatives of leading companies from the state of Virginia, USA, working in the..

published on 10/15/24 9:28 AM

Maria Bakalova has made "The Guardian" change title of her interview

Maria Bakalova came out with an official position on the occasion of an interview in "The Guardian", the Bulgarian team of the actress reports. The headline in the British media of an interview with Bakalova, who played the role of..

published on 10/15/24 8:50 AM

Forum in Burgas focuses on condition of the Danube and the Black Sea

A conference on the topic of "From the source of the Danube to the Black Sea - healthy water and a healthy life" is held in the Burgas Free University. Participants will focus on innovative and nature-based solutions for the protection of water..

published on 10/15/24 7:45 AM