Inflation in Bulgaria in April has gone down to 0.3% compared to March and to 11.6% compared to the same month last year, the National Statistical Institute said. Year-to-date inflation (January 2023-April 2023) is 3% and the average annual inflation (May 2023 vs April 2022) is 16.3%.
In the first quarter of 2023, Bulgaria’s gross domestic product grew by 2% compared to the same period last year, and by 0.4% as compared to the fourth quarter of 2022. According to the forecast of the European Commission, Bulgaria’s economy will mark an annual growth of 1.5%. The quarterly average income per person in the household in the first quarter of the year was EUR 1,223 - 19.3% more than in the first quarter of 2022.
The two largest trade unions in Bulgaria - the Confederation of Independent Trade Unions in Bulgaria and the Confederation of Trade Unions "Podkrepa" - are organizing a warning protest in front of the Council of Ministers building. It is planned for..
In view of the country's declining population, the Fiscal Council recommends that the government take savings measures in the 2026 state budget. The measures include: reducing the municipal administration by merging municipalities;..
No disruptions or price increases are expected on Bulgaria’s fuel market following the US sanctions imposed on Russian oil companies Rosneft and Lukoil, Bulgarian Petroleum and Gas Association Chairman Svetoslav Benchev told BTA. "For now, I..
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