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

Inflation to eat up income rise of Bulgarians

Photo: library

The 10 per cent rise of income in Bulgaria since the beginning of 2019 will be offset by the expected inflation growth, financial analyst Tsvetomir Tsachev told the BNR. According to him, the higher prices of utilities and goods, the incomes of Bulgarians would actually rise no more than 4 or 5 percent. The expert predicts four per cent inflation by the end of the year, as higher inflation is not excluded. It is no longer rational to invest in real estate, Tsachev says and adds that in coming years the past construction crisis will be repeated.




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

Legislative loopholes prevent the collection of fines from foreign traffic violators

Less than 3% are the fines paid by foreign drivers who committed traffic violations in Bulgaria's Ruse region , reports BNR correspondent in Ruse Asya Pencheva. From the beginning of the year until now, 5,205 electronic slips have been issued to foreign..

published on 10/21/24 2:45 PM

Almost 69% of Bulgarians in Moldova voted against joining the EU

Thanks to votes from abroad, supporters of constitutional reforms to allow Moldova to join the EU are increasingly gaining ground. This was stated by Vladimir Mitev from Radio Bulgaria in a comment on the referendum held in Moldova on the subject...

published on 10/21/24 1:45 PM
Greta Thunberg  and Harry Anichkin in central Sofia

Environmental activist Greta Thunberg visits Sofia for unknown reason

Swedish environmental activist Greta Thunberg arrived in Sofia by train, eyewitnesses report on social media. Thunberg was spotted walking along Sofia’s Dondukov Boulevard on Sunday afternoon.  The first to report on Thunberg's visit to Bulgaria was..

published on 10/21/24 12:07 PM