The growth of the national economy in the second quarter of 2025 accelerated by 3.5% on an annual basis. According to an analysis by the Bulgarian National Bank - BNB, the main factors for the acceleration are the decrease in imports of goods and the significant increase in government and private consumption. Household consumption has grown by 6.9% on an annual basis. Employment in the labour market grew by 3.7 percent, with the labour shortage growing to historically high levels and leading to an increase in wages by 18.5% on an annual basis.
Annual inflation was 3.5% in August 2025 compared to 2.1% at the end of 2024. In the period 2020-2024, there is a clear trend of deterioration in Bulgaria's fiscal position, therefore the BNB calls for a conservative financial policy that will preserve the country's fiscal stability.
Editor: Ivo Ivanov
Publication in English: Al. Markov
Photo: Ani Petrova
Bulgaria’s accession to the eurozone will reduce transaction costs with key trade and investment partners, according to the annual U.S. State Department report on the investment climate in the country, reported BGNES. The report emphasizes that..
Less than 100 days remain until Bulgaria joins the eurozone, and this is another reason to talk about the incomes of people in Bulgaria, about the Bulgarian economy, about foreign investments and about the domestic labour market which reacts the..
At the end of September, with a little over three months to go until the Rubicon in Bulgarian public finance - 1 January, 2026, when the country will officially leave the currency board and adopt the single European currency, the euro – issues..
Overcast, rain
Rain
Cloudy
Cloudy