Acceleration of inflation to 1.1% in October compared to the previous month was registered by the National Statistical Institute. On an annual basis, the index is 1.8 percent.
In October, the prices of goods and services for entertainment and culture increased by 8.6%; for clothing and shoes - by 8.2%, for education - by 1.8%, for housing, water, electricity, gas and other fuels – by 1.1%. There is a decrease of 0.3% in the prices of transport and basic fuels, while those of home furnishing remain unchanged.
Meanwhile, the European Commission announced its autumn economic forecast, according to which inflation in Bulgaria will fall by more than 6% this year compared to 2023. The gross domestic product, on the other hand, will reach a growth of 2.4%. In the previous year the growth was 1.9 percent.
On October 31, 2024, 10 business leaders in Bulgaria founded the first Bulgarian-Czech Chamber of Commerce in the country. At the Embassy of the Czech Republic in Sofia, in the presence of Martin Dvořák, Minister of European Affairs of the Czech..
In the space of 15 years, from 2005 until 2020, 75% of the farms in the country have disappeared – from 500,000 in 2005 down to 132,000 in 2020, said Prof. Dr. Bozhidar Ivanov, Director of the Institute of Agrarian Economics at an international..
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..
A working group comprising representatives of employers, trade unions and government experts is discussing the proposals of the Ministry of Labor and..
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