Text size

Statistics show a sharp drop in annual inflation in the country

published on 10/15/24 2:02 PM

Photo: National Insurance Institute

Inflation in Bulgaria slowed down in September to 1.2 percent from 2.1 percent in August, hitting the lowest level since March 2021, data from the National Statistics Institute showed. Compared to August, there is a deflation of 1%, after the 8th month of the year, the consumer price index rose by 0.1% compared to July.

The sharp deceleration of annual inflation in September was due to a weaker increase in prices in health care, in the restaurant and hotel business. Transport costs also decrease in the field of "entertainment and culture". However, inflation increased slightly for food, beverages and tobacco products.

The peak of inflation in Bulgaria was in September 2022, when it reached 18.7 percent on an annual basis.

By reducing inflation, Bulgaria is getting closer to the criteria for entering the Eurozone.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria News annual inflation in Bulgaria inflation inflation in Bulgaria

More from category

Bulgaria and China discuss cooperation in the automotive sector

Business forum on the topic "Bulgaria - China: cooperation in the automotive sector" is being held on November 26 in Sofia. Its organizers are the Bulgarian Chamber of Commerce and Industry and the Embassy of the People's Republic of..

published on 11/26/25 7:30 AM

Draft budget 2026 sparks protests

The Bulgarian Industrial Capital Association has called for participation in a protest on November 26 against the budget for 2026, which is about to be adopted at second reading. "We call not only our members, but also all..

published on 11/26/25 6:50 AM

Yellow code for strong wind in 16 eastern and southwestern regions

On Wednesday , the lowest temperatures will be between 3 and 8°C. In the regions with strong wind it will be up to 10-12°C. In Sofia it will be around 4°C. In the western parts of the Danube Plain and the Upper Thracian Plain it will..

published on 11/25/25 7:50 PM