Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Bulgaria is among the 5 countries with the highest inflation in the EU

Photo: Pixabay

In May, inflation in the European Union set a new record and reached 8.8 percent on an annual basis, Eurostat reported, quoted by BTA.  In the Eurozone alone, inflation is 8.1 percent.  As a result of the crisis in Ukraine, in 14 EU countries, annual inflation in May was higher than the European Union-wide average. 

In terms of the rising cost of living, Bulgaria is in fifth place with 13.4% on an annual basis, after Estonia (20.1%), Lithuania (18.5%), Latvia (16.8%) and the Czech Republic (15,2%). 

The data are according to the Harmonized Index of Consumer Prices (HICP). 

On June 15, Bulgaria's National Statistical Institute reported an acceleration of annual inflation to 15.6% in May. In 13 EU countries, inflation for the same period was equal to or lower than the EU average, with the lowest levels in Malta and France (5.8%). 



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Overcast with showers in southeastern Bulgaria

On Tuesday, lows will be between 1 and 6°C, 1°C in Sofia. During the day it will remain mostly cloudy, with showers mainly in the southeast. Over southwestern Bulgaria the clouds will break up and clear. Maximum temperatures will be 4° to 9°C, around..

published on 12/2/24 7:05 PM
Evelina Slavcheva

Corresponding Member Evelina Slavcheva becomes first female President of BAS

The Bulgarian Academy of Sciences is to have a female president for the first time. Corresponding Member Evelina Slavcheva from the Institute of Electrochemistry and Energy Systems was elected today to lead the 155-year-old institution...

published on 12/2/24 6:20 PM
Borislav Sarafov

Prosecutor's Office and Interior Ministry declare zero tolerance for violence 

At a national meeting convened by acting Prosecutor-General Borislav Sarafo v to discuss the rise in public and domestic violence, it was declared that the Prosecutor's Office and the Ministry of the Interior would not tolerate such crimes. "Under my..

published on 12/2/24 3:40 PM