Producer prices in Bulgaria in January are up for the third month running and mark a sizable growth rate on an annual basis, indicate National Statistical Institute data.
The growth rate compared to the previous month of December stands at 0.6 percent, compared to January of 2016 – as much as 4.3 percent. Earlier this month the National Statistical Institute released a report which shows that inflation in Bulgaria is up in January by 1.3 percent on a monthly basis, and 1.4 percent on an annual basis. Latest producer price data are a prerequisite for the emergence of the Bulgarian economy from deflation and stagflation which has been in place since October 2015.
In 2022, 14.7% of workers in the EU were low-wage earners . By definition, low-wage earners are those who earn two-thirds or less of the average gross hourly wage in the country. Bulgaria had the highest share of low-wage earners (26.84%). This..
The European Commission hopes to have a positive decision this year on at least part of the second payment under the Recovery and Resilience Plan in the amount of 653 million euros for Bulgaria . This was stated by the Commission spokesman Maciej..
There will be no recount of ballots from the recent parliamentary elections in October 2024. The Central Election Commission (CEC) met today after the Constitutional Court yesterday ordered a recount of the parliamentary election results due to numerous..
On Wednesday, minimum temperatures will range between minus 5° C. and zero, lower in the Northeastern parts of the country where they will drop down..
Hristo Stoichkov has been appointed the Sports Tourism Ambassador for the World Tourism Organization (UN Tourism). This became clear at an official..
Increasing energy connectivity between countries in the region of Southeast Europe will reduce electricity prices, increase competitiveness and security..
+359 2 9336 661