Bulgaria’s annual inflation accelerated for the 16th consecutive month, rising from 15.6% in May to 16.9% in June, data of the National Statistical Institute indicate.
Transport prices rose 4.2% and restaurant and hotel prices increased with 2.6% month on month. In June, consumer prices rose by 0.9%, while a month earlier they saw a 1.2% increase. Prices of housing, water, electricity, gas and other fuels increased with 1.1% on a monthly basis.
Food prices fell for the first time in months - by 0.1%. The average annual inflation in the last twelve months (July 2021-June 2022) compared to the previous twelve months (July 2020- June 2021) was 9.3%. The inflation rate since the beginning of the year (June 2022- December 2021) was 10.1%.
The two largest trade unions in Bulgaria - the Confederation of Independent Trade Unions in Bulgaria and the Confederation of Trade Unions "Podkrepa" - are organizing a warning protest in front of the Council of Ministers building. It is planned for..
In view of the country's declining population, the Fiscal Council recommends that the government take savings measures in the 2026 state budget. The measures include: reducing the municipal administration by merging municipalities;..
No disruptions or price increases are expected on Bulgaria’s fuel market following the US sanctions imposed on Russian oil companies Rosneft and Lukoil, Bulgarian Petroleum and Gas Association Chairman Svetoslav Benchev told BTA. "For now, I..
Citizens should remain calm about the introduction of the euro in Bulgaria from January 1, 2026, as the Bulgarian National Bank and commercial banks are..
Bulgaria’s Ministry of Finance has published the draft state budget in euros for 2026. The country’s GDP is projected to reach EUR 120.1 billion, with..
+359 2 9336 661