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Monthly inflation rises to 1.1%

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..

15.11.24 15:22 |

The Confederation of Labour "Podkrepa" strongly criticizes the draft amendments to the Labour Code

The Confederation of Labour "Podkrepa" has strongly criticized the draft amendments to the Labour Code prepared by the Ministry of Labor and Social Policy, according to which the growth of the minimum wage is linked only to inflation. In a statement,..

12.11.24 17:58 |

IMF predicts 2.8 per cent inflation in Bulgaria in 2024

Bulgaria's economy will grow by 2.3 per cent this year. This is according to the latest World Economic Outlook prepared by the International Monetary Fund and presented today in Washington. This is down from the Fund's April estimate, which predicted that..

22.10.24 18:44 |

Statistics show a sharp drop in annual inflation in the country

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..

15.10.24 14:02 |
Deputy PM and Minister of Finance Lyudmila Petkova

Finance Minister Lyudmila Petkova: We expect to meet inflation criteria for accession to Eurozone by December

In December this year the Ministry of Finance will have covered the last of the criteria for accession to the Eurozone – inflation, said caretaker Deputy PM and Minister of Finance Lyudmila Petkova. Two weeks after fulfilling it, Bulgaria will ask..

05.10.24 10:30 |

EC: Bulgaria still not meeting eurozone criteria

Bulgaria fulfils three of the Maastricht criteria for joining the euro zone, but still does not meet the price stability and inflation targets, according to a report by the European Commission, as quoted by BTA. Bulgaria does not currently meet the..

26.06.24 13:51 |

OECD expects inflation in Bulgaria to slow from 9.5% in 2023 to 3.0% in 2024

The Organisation for Economic Co-operation and Development (OECD) forecasts an acceleration in Bulgaria's economic growth from 1.8% in 2023 to 2.5% in 2024 and to 2.9% in 2025 as public investment increases along with EU funds. OECD expects inflation..

02.05.24 17:42 |

Over 60% of people in Bulgaria live on less than the subsistence salary level

A little over 1,450 Leva is the sum needed per month by an individual living in a one-person household, and a total of 2,616 Leva for the monthly upkeep of a three-member household - as is the most widespread model in Bulgaria at the moment (two..

23.04.24 14:53 |
NSI President Assoc. Prof. Dr. Atanas Atanasov

Cumulative inflation for the last 3 years is 30%, NSI President says

The National Statistical Institute (NSI) expects a high evaluation from the inspection of the Organisation for Economic Co-operation and Development (OECD), said NSI President Assoc. Prof. Dr. Atanas Atanasov.  A report will be released by the end..

31.03.24 16:25 |

Bulgaria will join eurozone when it meets inflation criterion, says outgoing finance minister

Bulgaria will be able to join the eurozone when it meets the inflation criterion, outgoing finance minister Assen Vassilev said in the National Assembly during a debate on state-owned Bulgarian Energy Holding.  Vassilev noted that the outgoing..

29.03.24 16:42 |
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