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Consumer reactions to price increases in Bulgaria

The budgets of Bulgaria’s households have been subject to significant price pressure. “Not so long ago, we could go shopping with EUR 10-15. Now, we spend twice more on the same products and our salaries have not seen any increase at all”,..

03.11.21 13:56 |
CITUB President Plamen Dimitrov

CITUB calls for emergency support measures, warns of the danger of riots

Inflation in Bulgaria is gaining momentum and prices continue to rise. The Confederation of Independent Trade Unions in Bulgaria (CITUB) forecasts that annual inflation will exceed 6%. CITUB insists that the 2021 state budget be amended for the second..

26.10.21 13:23 |

Inflation is not uncommon in a period of recovery from a global crisis

The price of electricity for the industry reached BGN 300 (EUR 150) per megawatt-hour, just four days after the third caretaker government within the mandate of President Rumen Radev took office. According to Prime Minister Stefan Yanev, the..

23.09.21 14:21 |

EC lowers growth forecast for Bulgaria’s economy in 2018

The European Commission has announced it is lowering its growth forecast for the Bulgarian economy in 2018 from 3.8 to 3.5 percent because of weaker export performance, but that nonetheless, the growth rate continues considerably above the EU average..

08.11.18 15:55 |

Unemployment in Bulgaria at lowest level since September 2009

Eurostat has reported that unemployment in the 28 members of the European Union fell in October to the level of 7.5%. In Bulgaria in October inflation fell to 7.4 percent and reached its lowest level since September 2009, when it was also 7.4 percent...

01.12.16 15:27 |

Inflation in Bulgaria since beginning of 2016 is minus 0.4%

The consumer price index in Bulgaria for the period October 2016 to September 2016 was 100.2%, which means monthly inflation was 0.2%. Inflation since the beginning of the year (October 2016 to December 2015) was minus 0.4%, while the annual inflation..

14.11.16 13:54 |
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