7.8% is the inflation rate in Bulgaria for 2021. The last time such a rate has been registered was in 2008, the National Statistical Institute says. Because of the pandemic, the forecasts for 2022 are for inflation of 6%. This will reduce consumption, and economic growth respectively down to 3.6-3.9%.
The steepest price rise during the year is of foodstuffs – cooking oil by 24.4%, followed by bread – 15.2%, dairy products and eggs – 9.8%. The prices of vegetables have gone up by 12.4%, and of fruit – by 9.6%. Transport costs have gone up by 22.2%.
Clothes (0.8%), communications (5.3%) and airline tickets (7.8%) are the only commodities whose prices have gone down year-over-year.
Sofia Mayor Vasil Terziev and Deputy Mayor of Sofia for Finance Ivan Vasilev met in Bulgaria's capital with the European Bank for Reconstruction and Development Associate Director Donald Mishaxhiu. The purpose of the meeting was to explore..
Hristo Stoichkov has been appointed the Sports Tourism Ambassador for the World Tourism Organization (UN Tourism). This became clear at an official meeting in the Council of Ministers between Prime Minister Rosen Zhelyazkov, Minister of Tourism..
The second payment from the EU under the National Recovery and Resilience Plan of 653 million euros will certainly be refused, even though Bulgaria has implemented 85% of the reforms undertaken to this stage. This was stated at a briefing by Deputy..
According to data from Eurostat, Bulgaria has met the final criterion for joining the eurozone, namely price stability, Minister of Finance Temenuzhka..
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“There is no change, Bulgarian troops are not going to be sent to Ukraine,” said PM Rosen Zhelyazkov in a comment about the meeting between US..
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