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

Bulgarians get poorer, inflation erodes purchasing power

Photo: BGNES-archive

EUR 1,243 per month is the income a family with a child under 14 needs to cover the cost of living, shows data of the latest survey of the largest trade union in Bulgaria- the Confederation of Independent Trade Unions in Bulgaria (CITUB).

 Living expenses have gone up by EUR 187 in the space of one year. Living expenses for a single-person household have gone up by 17.7% to EUR 690. Due to inflation and insufficient wage increase, for the first time in many years, a decrease in purchasing power was recorded. 

Prices of 20 vitally important goods from the so-called small consumer basket rose by 40-50% year-on-year. Bulgarians can buy 6.6 baskets with the minimum wage. For comparison, Romanians can buy 11 baskets with the minimum monthly salary. Germans can buy 29 baskets with the minimum salary.




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

Atanas Atanasov

Democrats for a Strong Bulgaria to nominate Atanas Atanasov for president of the National Assembly (UPDATE)

The Democrats for a Strong Bulgaria (DSB) are to nominate the party’s leader Atanas Atanasov for president of the 51 st National Assembly. According to BNR sources, the decision was made by the party’s national leadership and will be put to..

updated on 11/30/24 3:24 PM

GERB will not sign PP/DB’s declaration for a cordon sanitaire around Delyan Peevski, Boyko Borissov says

During the regional GERB youth academy in Targovishte, GERB leader Boyko Borissov stated that GERB would not sign the declaration of We Continue the Change/Democratic Bulgaria (PP/DB) for a cordon sanitaire around Delyan Peevski. PP/DB calls..

published on 11/30/24 3:17 PM

Protest in Velingrad in support of farmers with flocks which tested positive for sheep and goat plague

A protest took place in Velingrad in support of the farmers whose flocks of sheep have been quarantined because of positive tests for sheep and goat plague. To stop the spread of the disease, access to the area around the farms has been..

published on 11/30/24 1:10 PM