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30% of retailers expect more price increases, NSI survey says

According to the National Statistical Institute's traditional business climate survey, 30% of retailers believe prices will continue to rise over the next three months. Entrepreneurs in the four sectors monitored - retail, services, construction and..

28.02.23 14:17 |

Traders speculate with the prices of basic goods, trade unions say

CITUB warns that in recent weeks cases of unfair trade practices have increased and there is evidence of speculative price increases throughout the supply chain. In this regard, the trade union demands that immediate measures be taken..

25.02.23 17:25 |
Minister of Economy in the caretaker cabinet Nikola Stoyanov

We shall rely on competition to bring down prices, price caps do not work, economy minister says

“Inflation in Bulgaria is much higher than the average in Europe. It is a matter of time for the prices to start turning back,” Minister of Economy in the caretaker cabinet Nikola Stoyanov said for the BNR. Wholesale prices are calming..

12.02.23 13:00 |

Gas is 31% cheaper in February

The Energy and Water Regulatory Commission approved the price of natural gas for February at BGN 124.34/MWh (EUR 63.46/MWh), excluding access, transmission, excise and VAT.  This is 31% lower than the January price of BGN 179.33/MWh (EUR..

01.02.23 19:18 |

Inflation has brought prices in Bulgaria closer to the EU average

The expenses of Bulgarian households have risen dramatically. For a year, the sum needed for a family of three to cover the cost of living has increased by about BGN 366 (185 euros) and the necessary net monthly income reaches BGN..

24.01.23 14:00 |

Annual inflation in Bulgaria stabilizes at 17%

In December, annual inflation in Bulgaria stabilized at the November level of 16.9%, according to the data of the National Statistical Institute. On a monthly basis, however, there is an increase in consumer prices by 0.9% compared to November...

16.01.23 19:43 |

Prices of basic food products have risen in price by 50% in a year

The 20 main food products that Bulgarians use every day, and a large part of which are present at the Christmas table, have increased in price by nearly 50% in one year, according to the data of the Central Bank of Bulgaria.  Among them are rice,..

25.12.22 16:41 |

Prices are up in November, but down y-o-y

The inflation rate is slowing down for the second month running. In November the National Statistical Institute registered a 16.9% inflation rate, versus over 17% a month earlier, and the record 18.7% in September. The monthly inflation rate..

14.12.22 12:16 |

Real estate prices in Sofia have doubled

Real estate prices in Sofia have more than doubled for the past 14 months and they are expected to continue rising. 70% of the deals are for two- and three-room apartments. They are also the most expensive, Vasil Lyunchev, an analyst..

06.11.22 16:38 |

The rise in interest rates and the real estate market shrinkage will not affect real estate prices

There is a slight shrinking of the real estate market in the country during the third quarter of the year. According to latest expert data, despite the expected increase in interest rates and in inflation, housing prices are still going up because..

04.11.22 16:34 |
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