Acceleration of inflation to 1.1% in October compared to the previous month was registered by the National Statistical Institute. On an annual basis, the index is 1.8 percent.
In October, the prices of goods and services for entertainment and culture increased by 8.6%; for clothing and shoes - by 8.2%, for education - by 1.8%, for housing, water, electricity, gas and other fuels – by 1.1%. There is a decrease of 0.3% in the prices of transport and basic fuels, while those of home furnishing remain unchanged.
Meanwhile, the European Commission announced its autumn economic forecast, according to which inflation in Bulgaria will fall by more than 6% this year compared to 2023. The gross domestic product, on the other hand, will reach a growth of 2.4%. In the previous year the growth was 1.9 percent.
In the period January - September 2024, exports of goods from Bulgaria to the EU decreased by 3.6% compared to a year earlier and amounted to 20.895 billion euros. The main trading partners are Germany, Romania, Italy, Greece and..
Shell Exploration and Production (96) B.V , a subsidiary of Shell, will explore for oil and natural gas in Block 1-26 Khan Tervel, located in Bulgaria's exclusive economic zone in the Black Sea, announced Bulgaria's caretaker Minister of Energy..
The Bulgarian-Moldovan Chamber of Commerce and Industry held a meeting with leading specialists from the energy sector of Bulgaria and Moldova. The online conference was led by the Chairman of the Bulgarian-Moldovan Chamber of Commerce and Industry,..
41% of the member companies of the Bulgarian Industrial Association expect an economic decline in 2025. 21% believe there will be no change..
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