Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Inflation rate in Bulgaria continues slowdown in January

Photo: BGNES

The annual inflation in Bulgaria slowed down significantly in January, 2024, down to 3.8% from 4.7% a month earlier, the National Statistical Institute says. This is the lowest inflation level for the country since August 2021. Month-to-month, inflation has gone up in January by 0.5% compared to the previous month, when it went up by 0.3%.

Within one month, the steepest rise – by 2.2% - is of the prices from the consumer group “housing, water, electricity, gas and fuels”. With food and soft drinks, the increase is by 1%. In education, services have gone up by 0.8%, in healthcare – by 0.6%, in the hotel and restaurant business – by 0.4%. Prices have gone down in the “clothes and shoes” category – by 3.5%. In transport prices have gone down by 1.7%.

According to the prices from the small consumer basket for the lowest-income 20% of households, the price rise was highest for services – 3.7%, and food – 1.1%. 



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

The five largest Indian IT companies already have offices in Bulgaria

Bulgaria and India will intensify their cooperation in various sectors of mutual interest. This was discussed at a meeting of the Bulgarian Minister of Economy Petko Nikolov with Ambassador of India to Bulgaria H.E. Sanjay Rana. The two focused..

published on 10/31/24 5:48 PM

A Bulgarian-Czech Chamber of Commerce established in Sofia

On October 31, 2024, 10 business leaders in Bulgaria founded the first Bulgarian-Czech Chamber of Commerce in the country. At the Embassy of the Czech Republic in Sofia, in the presence of Martin Dvořák, Minister of European Affairs of the Czech..

published on 10/31/24 1:54 PM

The model of EU subsidies distorts agricultural production in Bulgaria, the director of the Institute of Agrarian Economics says

In the space of 15 years, from 2005 until 2020, 75% of the farms in the country have disappeared – from 500,000 in 2005 down to 132,000 in 2020, said Prof. Dr. Bozhidar Ivanov, Director of the Institute of Agrarian Economics at an international..

published on 10/31/24 9:39 AM