Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Rise in producer prices prerequisite for emergence of Bulgarian economy from deflation and stagflation

Producer prices in Bulgaria in January are up for the third month running and mark a sizable growth rate on an annual basis, indicate National Statistical Institute data.

The growth rate compared to the previous month of December stands at 0.6 percent, compared to January of 2016 – as much as 4.3 percent. Earlier this month the National Statistical Institute released a report which shows that inflation in Bulgaria is up in January by 1.3 percent on a monthly basis, and 1.4 percent on an annual basis. Latest producer price data are a prerequisite for the emergence of the Bulgarian economy from deflation and stagflation which has been in place since October 2015.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Atanas Ilkov

Caretaker Interior Minister Atanas Ilkov blames National Theatre director for escalation of tensions at last night’s protest

The protest in front of the National theatre was pre-announced and more than 60 law enforcement officers were dispatched to secure the theatre building, caretaker Interior Minister Atanas Ilkov said in an interview with public service TV BNT. After..

published on 11/8/24 10:40 AM

Today is Arhangelovden, the day of Saint Michael the Archangel

The Bulgarian Orthodox church marks the day of St. Archangel Michael today, one of the most popular immovable Christian feasts. In Bulgaria it is also known as Arhangelovden . In popular belief, Archangel Michael – the angel closest to God –..

published on 11/8/24 9:59 AM

Protest in front of National Theatre against Bernard Shaw play turns violent

A protest organized by nationalist organizations in front of the Ivan Vazov National Theatre last night against the premiere of Bernard Shaw’s play Arms and the Man , directed by John Malkovich, turned violent. The protesters occupied the entrances..

published on 11/8/24 9:35 AM