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.
The Russian state oil company Lukoil has plans to sell its Bulgarian refinery Neftochim based in Burgas on the Black Sea Coast. It is the largest in the Balkans, writes the Financial Times . The deal is expected to be announced by the end of..
Bilateral relations between Bulgaria and Argentina have received a new impetus for development following the visit of an Argentine delegation from the Chaco province to Bulgaria at the beginning of November . High-ranking officials from the..
Employers are contesting the rise of the minimum wage. The Bulgarian Industrial Capital Association announced that they filed a complaint in the Supreme Administrative Court. About 430,000 people in the country work for minimum wage...
Butter and vegetable oil are the products that have increased in price the most over the year. The retail price of vegetable oil will range between 3..
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