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Inflation has brought prices in Bulgaria closer to the EU average

The expenses of Bulgarian households have risen dramatically. For a year, the sum needed for a family of three to cover the cost of living has increased by about BGN 366 (185 euros) and the necessary net monthly income reaches BGN..

24.01.23 14:00 |

Annual inflation in Bulgaria stabilizes at 17%

In December, annual inflation in Bulgaria stabilized at the November level of 16.9%, according to the data of the National Statistical Institute. On a monthly basis, however, there is an increase in consumer prices by 0.9% compared to November...

16.01.23 19:43 |

Prices of basic food products have risen in price by 50% in a year

The 20 main food products that Bulgarians use every day, and a large part of which are present at the Christmas table, have increased in price by nearly 50% in one year, according to the data of the Central Bank of Bulgaria.  Among them are rice,..

25.12.22 16:41 |

Prices are up in November, but down y-o-y

The inflation rate is slowing down for the second month running. In November the National Statistical Institute registered a 16.9% inflation rate, versus over 17% a month earlier, and the record 18.7% in September. The monthly inflation rate..

14.12.22 12:16 |

Real estate prices in Sofia have doubled

Real estate prices in Sofia have more than doubled for the past 14 months and they are expected to continue rising. 70% of the deals are for two- and three-room apartments. They are also the most expensive, Vasil Lyunchev, an analyst..

06.11.22 16:38 |

The rise in interest rates and the real estate market shrinkage will not affect real estate prices

There is a slight shrinking of the real estate market in the country during the third quarter of the year. According to latest expert data, despite the expected increase in interest rates and in inflation, housing prices are still going up because..

04.11.22 16:34 |
According to Deputy Prime Minister for Economic Policies and Minister of Transport and Communications Hristo Alexiev, Bulgaria has the cheapest fuel in Europe.

Deputy PM Hristo Alexiev: Bulgaria has the cheapest fuel in Europe

The policy of the caretaker government in the processing and export of fuels aims to ensure more affordable prices for consumers and compliance with the EU legal framework, Hristo Alexiev, Deputy Prime Minister for Economic Policies and Minister of..

01.11.22 19:30 |

Staple foods prices in Bulgaria are growing more and more unaffordable

The household prices of heating, electricity, water and gas in Bulgaria have gone up by an average of 40%, but the rise is steepest with the prices of staple foods like sugar, meat, milk, bakery products at around 10% during the last quarter of the year..

26.10.22 14:30 |

Insufficient investments and inertial budgets are plaguing Bulgaria’s economy

Different professional groups in Bulgaria have been organizing protests with one sole demand – higher pay. The rise in the prices of electricity and heating, and in food prices has been a major challenge to family budgets. According to some..

25.10.22 12:36 |

Wholesale food prices in Bulgaria continue to rise

The wholesale food market price index (MPI)  has increased by 1.17% over the past week reaching 2.16 points. The base level of the index was set in 2005 at 1.000 points.  The MPI has increased by more than 6.75% over the past three months...

23.10.22 12:16 |
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