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Caretaker cabinet to present electronic platform for comparing prices in retail chains

Today , the caretaker cabinet is to present the electronic platform for comparing   prices in retail chains, said Deputy Premier and Minister of Transport , Information Technology and Communications Hristo Alexiev. He explained that the..

24.03.23 05:05 |

Prime Minister Galab Donev: "Bankruptcy of the state" is just a media headline

The state finances are stable and there is no threat to the currency board, to the lev-euro exchange rate, to wages and pensions , caretaker Prime Minister Galab Donev said in an interview with Nova TV. According to him, in the..

18.03.23 12:15 |

Eurostat: Annual inflation in Bulgaria has gone up more than four-fold

Annual inflation in Bulgaria has gone up more than four-fold in 2022 as compared to 2021, Eurostat data show.  In 2022, EU annual inflation reached the highest level ever measured at 9.2%. Compared with 2021, when the annual value was 2.9%, it more..

09.03.23 16:31 |

Bulgaria's government wants to reduce food prices by at least 20 percent

Mass retail chains in Bulgaria are currently putting an 80-90% markup on food products , caretaker Economy Minister Nikola Stoyanov told Nova TV.  The caretaker cabinet is planning to introduce a "ceiling" on the trade markup of up to 20 or 25% ...

07.03.23 11:01 |

Possible reduction in price of goods due to speculation will occur in the summer at the earliest

In three months at the earliest, it is expected that the state measures against speculation will yield results and the goods whose prices are the result of unfair trade practices will decrease in price , Stoil Alipiev, chairman of the Commission for..

06.03.23 16:33 |
Agriculture Minister Yavor Gechev

Annual food inflation is 24.5%, Agriculture Minister Yavor Gechev says

The annual food inflation is 24.5% for January, Minister of Agriculture in the caretaker government Yavor Gechev announced at a press conference on the measures aimed at curbing the high prices of food in chain stores. The peak was reached in..

02.03.23 15:08 |

30% of retailers expect more price increases, NSI survey says

According to the National Statistical Institute's traditional business climate survey, 30% of retailers believe prices will continue to rise over the next three months. Entrepreneurs in the four sectors monitored - retail, services, construction and..

28.02.23 14:17 |

Traders speculate with the prices of basic goods, trade unions say

CITUB warns that in recent weeks cases of unfair trade practices have increased and there is evidence of speculative price increases throughout the supply chain. In this regard, the trade union demands that immediate measures be taken..

25.02.23 17:25 |
Minister of Economy in the caretaker cabinet Nikola Stoyanov

We shall rely on competition to bring down prices, price caps do not work, economy minister says

“Inflation in Bulgaria is much higher than the average in Europe. It is a matter of time for the prices to start turning back,” Minister of Economy in the caretaker cabinet Nikola Stoyanov said for the BNR. Wholesale prices are calming..

12.02.23 13:00 |

Gas is 31% cheaper in February

The Energy and Water Regulatory Commission approved the price of natural gas for February at BGN 124.34/MWh (EUR 63.46/MWh), excluding access, transmission, excise and VAT.  This is 31% lower than the January price of BGN 179.33/MWh (EUR..

01.02.23 19:18 |
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