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.
Bulgaria’s real GDP growth is expected to stand at 2.1% in 2024, indicates the macroeconomic forecast of the Bulgarian National Bank (BNB) in June. Bulgaria’s real GDP growth is expected to stand at 2.1 per cent in 2024, driven by the positive..
The caretaker government has instructed Deputy PM and Minister of Finance Lyudmila Petkova to submit, by 11 September, a proposal for amending the REpowerEU chapters of the recovery and resilience plan. This is being done so as to make the..
Andrey Gyurov will cease to perform his duties as Deputy Governor in charge of the Issue Department and Member of the Governing Council of the Bulgarian National Bank (BNB) until the court and parliament make a decision, the BNB announced. The..
State-owned dairy company LB Bulgaricum will start modernising its production facility in Vidin in September. The first step will be to..
Japan's Sumitomo Electric Bordnetze plans to cease operations at one of its factories in Bulgaria, located in Mezdra, by 2025. Its second factory in..
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