Inflation in Bulgaria will reach 12.8% in 2022, the European Commission’s autumn economic forecast shows. Inflation is forecasted to be 0.3% higher as compared to the Commission’s summer forecast. In 2021, Bulgaria’s inflation was 2.8%.
The country’s GDP growth is set to decelerate from 3.1% in 2022 to 1.1% in 2023 due to lower domestic and foreign demand. Investments will decrease with 8% in 2022. The unemployment rate at the end of the year is expected to stand at 5.2%.
Bulgarians working abroad sent over EUR 420 million to their relatives during the first quarter of 2025. This amount is EUR 66 million higher than in the same period of 2025. The largest sum was sent by the Bulgarian diaspora in the United States,..
The positive convergence report will have a positive impact on people's standard of living and purchasing power, as well as on the country’s business environment, Bulgaria’s Minister of Economy Petar Dilov said in an interview with public service..
According to the Institute for Market Economics , today marks the so-called Tax Freedom Day , reported BNR’s correspondent Natalia Ganchovska. This is the day on which taxpayers stop working to pay their taxes and start working for..
Bulgarians working abroad sent over EUR 420 million to their relatives during the first quarter of 2025. This amount is EUR 66 million higher than in..
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