Text size

Annual inflation in Bulgaria hits 14.4%: National Statistical Institute

published on 5/17/22 12:03 PM

Photo: Alami/Reuters

The monthly inflation in Bulgaria in April has been estimated at 2.5%, as the prices of food products and non-alcoholic beverages rose by 4.5%. The main upward pressure on inflation in April was exerted by the prices of clothing and footwear, which increased by 6.4%. There is another increase in transport prices, which increased by 3.5%.

Annual inflation is already 14.4%, compared to 12.4% in the previous month. The new level is almost close to the values of the summer of 2008 on the eve of the global financial crisis, according to data from the National Statistical Institute.

At the same time, in the first quarter of 2022, the country's GDP growth was 4.5% on an annual basis, which is slightly above forecasts.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria Economy annual inflation GDP inflation National Statistical Institute prices

More from category

Which currencies will be most sought after by Bulgarians in 2024?

The two most sought-after currencies by Bulgarians in 2024 remain the US dollar and the euro, just as in 2023. The Turkish lira, the Romanian leu and the Serbian dinar were also very popular, followed by the British pound and the Swiss franc. This was..

published on 1/2/25 3:08 PM

Improved business climate recorded at the end of December

The overall business climate indicator in Bulgaria has increased in December by 1.7 points from 17 percent to 18.7% compared to November . An increase in the indicator was observed in the industry sector by 1.9 points, in retail trade by 5.7 points and..

published on 12/31/24 9:53 AM

2025 portends difficult survival for businesses against the backdrop of political instability and foreign policy challenges

The National Assembly postponed the discussion and voting of the most important fiscal law of the land – the national budget for 2025 – for next year. “If we do not have an approved budget by 19 January, then everything in the country will grind to a..

updated on 12/30/24 1:16 PM