Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

EC: Bulgaria to see 12% inflation in 2022

Photo: Archive

Gas prices are expected to rise on a one-off basis due to the halted supplies from Russia, but they will be offset by alternative supplies, according to European Commission's latest spring macroeconomic forecast for Bulgaria. Energy prices are expected to start falling after the summer.


The inflation rate prognosis for 2022 is 11.9%, while for 2023 it is 5%. The country's GDP growth for 2022 will plunge to 2.1 percent from 4.2% in 2021. Growth of 3.1 per cent is projected for 2023.


To soften the impact of high energy prices, employers will limit wage increases, freeze job openings and investment, trying to keep unemployment rate below 5 percent.




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

One out of five Bulgarians approves the development of artificial intelligence

More than 42% of Bulgarians are concerned about the development of artificial intelligence. According to a quick survey on the topic by the Myara agency, published by BTA, 37 percent of those surveyed said they were not familiar with..

published on 4/4/25 11:54 AM

Patriarch Daniil: Christians in Jordan feel they are in a friendly environment

Bulgarian Patriarch Daniil met yesterday with Prince Ghazi bin Muhammad - Chief Advisor to King Abdullah II for Religious and Cultural Affairs, the Bulgarian Patriarchate reported. The prince is part of the official delegation of..

published on 4/4/25 11:40 AM
Rosen Zhelyazkov

The government remains intolerant of corruption

The government will remain intolerant of any form of corruption. This was what Prime Minister Rosen Zhelyazkov said from the parliamentary rostrum regarding the investigation by the European Public Prosecutor's Office into the..

published on 4/4/25 11:13 AM