The growth of inflation in August slowed down slightly, according to data of the National Statistical Institute. The rise of the cost of living compared to the same month of 2021 reached 17.7%. The increase compared to the previous month of July was 1.2%.
In August, the highest rise in prices was recorded in housing, water, electricity and fuel - 5.2%. Prices of goods and services grew by 2.3%. Food prices rose by 1.2 percent.
A 3.8-percent decline was recorded in the prices of transport and a 2.3% drop in the prices of clothing and footwear.
The Bulgarian National Bank has announced that the caretaker government plans to take on 1 billion euros of internal debt by the end of the year. The first auction for 100 million euros will take place on September 19.
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..
The annual growth of Bulgaria's gross domestic product will remain above 3% in the period 2025-2027 , according to a report by commercial credit insurer Allianz Trade, BTA reports. According to Allianz this means that the Bulgarian economy will become..
In view of the country's declining population, the Fiscal Council recommends that the government take savings measures in the 2026 state budget...
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