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

MPs face seventh failed attempt to elect Parliamentary Speaker

In a record-long session lasting 18 days, Bulgarian MPs made a seventh failed attempt to elect a speaker of the National Assembly. After several breaks and a re-vote for the oldest MP, Silvi Kirilov from “There Is Such a People" (ITN), only a few..

published on 11/28/24 3:26 PM

Delyan Peevski says he can form a cabinet if given the opportunity

The leader of “МРФ – New Beginning” Delyan Peevski has expressed his readiness to take the post of prime minister. “When we are the first party, I will form a government,” he said on the sidelines of the National Assembly. “If the Bulgarians give..

published on 11/28/24 2:51 PM

Boyko Borisov: There is no chance for GERB-SDS, PP-DB, BSP-United Left and ITN to form a cabinet

The chairman of GERB Boyko Borisov once again stated that the winning formula for forming a regular government is for it to be supported by GERB-SDS, “We Continue the Change – Democratic Bulgaria”, “BSP – United Left” and ITN. However, he clarified that..

published on 11/28/24 2:42 PM