Due to rising fuel prices, annual inflation in Bulgaria accelerated to 4.8% in September, the National Statistical Institute announced. This is the highest increase since February 2020.
The consumer price index rose by 0.4% compared to the previous month. In August the CPI saw a 3.7% increase. Gas prices increased by 12%, coal prices rose by 4.7%. Prices of firewood also increased by 4.7%.
Staple food prices are expected to rise by another 7% by the end of the year, the Chairman of the State Commission on Commodity Exchanges and Markets Vladimir Ivanov predicted.
Bulgaria’s state budget for 2025 does not add up. “The genie is out of the bottle – the state has never spent at such a pace,” warn financial experts. With only a few months left in the year, and despite the strenuous efforts of institutions such as the..
Bulgaria’s state gas supplier Bulgartransgaz has been “decapitalised” by a contract with Turkish company Botaş, Energy Minister Zhecho Stankov warned on Thursday, saying the deal could also threaten gas supplies to local district heating companies...
In the second quarter of the year, the average salary increased by 12% year over year, reaching €1,315.04. Borislav Gutsanov, the Minister of Labor and Social Policy, announced this information after today's meeting of the National Council for..
The two largest trade unions in Bulgaria - the Confederation of Independent Trade Unions in Bulgaria and the Confederation of Trade Unions "Podkrepa" -..
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