The annual inflation in Bulgaria slowed down significantly in January, 2024, down to 3.8% from 4.7% a month earlier, the National Statistical Institute says. This is the lowest inflation level for the country since August 2021. Month-to-month, inflation has gone up in January by 0.5% compared to the previous month, when it went up by 0.3%.
Within one month, the steepest rise – by 2.2% - is of the prices from the consumer group “housing, water, electricity, gas and fuels”. With food and soft drinks, the increase is by 1%. In education, services have gone up by 0.8%, in healthcare – by 0.6%, in the hotel and restaurant business – by 0.4%. Prices have gone down in the “clothes and shoes” category – by 3.5%. In transport prices have gone down by 1.7%.
According to the prices from the small consumer basket for the lowest-income 20% of households, the price rise was highest for services – 3.7%, and food – 1.1%.
“The main priorities businesses have – membership of the Eurozone and accession to the Schengen area by land – have receded to the background. They are the motors which can boost the economy, but the fact there is no regular government is an obstacle..
Bulgargaz has reported record interest in its tender for the supply of LNG to the Alexandroupolis terminal for January and February 2025. All nineteen bidders met the criteria set by the company and have been approved to participate in the next..
The Russian state oil company Lukoil has plans to sell its Bulgarian refinery Neftochim based in Burgas on the Black Sea Coast. It is the largest in the Balkans, writes the Financial Times . The deal is expected to be announced by the end of..
Partly Cloudy
Mostly Cloudy