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.
The annual conference of Bulgaria’s Chief of Defense Admiral Emil Eftimov will take place from February 25 to 26, 2025. Today, Admiral Eftimov will present the "Analysis of the state and preparedness of the Armed Forces in 2024." Defense Minister..
Goethe Institut Bulgaria and Ideas Factory Association are organizing a discussion on the role of culture as a means of countering violence and youth aggression. The event will take place from 16.0 pm to 18.00 pm at Goethe Institut Bulgaria. The open..
On Tuesday , the minimum temperatures in Bulgaria will be between minus 5 and 0°C, in the northeast - as low as minus 11°C. In Sofia, it will be around minus 3°C. In the morning, fog is possible near the rivers. During the day, there will be light..
According to data from Eurostat, Bulgaria has met the final criterion for joining the eurozone, namely price stability, Minister of Finance Temenuzhka..
The Ministers of Agriculture of Bulgaria, Hungary, Romania and Slovakia have called on the European Commission to restore pre-war import quotas for..
On Tuesday , the minimum temperatures in Bulgaria will be between minus 5 and 0°C, in the northeast - as low as minus 11°C. In Sofia, it will be around..
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