In October 2021, the annual inflation in Bulgaria reached 6%, while the monthly inflation reached 1.8 percent in comparison to September, according to the National Statistical Institute. In August the annual inflation was 3.7%.
At the same time, on the day after the election, the caretaker government offered to sell another 250m euros in new domestic debt in the form of government securities. For the first time this year, the Ministry of Finance is offering securities with a maturity of 3.5 years, after it became clear in recent months that 5 and 10.5-year securities were becoming more expensive. The new debt since the beginning of the year has reached 1.4 billion euros with a limit of 2.25 billion euros set in the state budget.
Bulgaria’s industry is being transformed in the direction of high added value productions, reads an analysis by the Institute for Market Economics. This tendency is best manifested in computer science, electronics and optics which account for the..
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..
A working group comprising representatives of employers, trade unions and government experts is discussing the proposals of the Ministry of Labor and Social Policy for introducing a new mechanism to determine the minimum wage. This is happening a day..
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