Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

EC: Inflation in Bulgaria is expected to be 3.1% in 2024

According to the European Commission's spring economic forecast for this year, inflation in Bulgaria is expected to reach 3.1 % in 2024 and 2.6 % in 2025. The anticipated downtrend in external prices is expected to limit inflation in both energy and non-energy industrial goods prices.

In terms of economic growth, Bulgaria's gross domestic product (GDP) is projected to increase by 1.9 % this year and by 2.9 % in 2025. Domestic demand is seen as the main driver of this growth, although private consumption is expected to remain moderate.

Wage increases are forecast to stabilise at around 10%, close to the long-term average, as inflationary pressures ease. In addition, the budget deficit is expected to reach 2.8 % this year.



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

Allianz Trade forecasts Bulgaria as one of CEE’s fastest-growing economies

The annual growth of Bulgaria's gross domestic product will remain above 3% in the period 2025-2027 , according to a report by commercial credit insurer Allianz Trade, BTA reports. According to Allianz this means that the Bulgarian economy will become..

published on 10/22/25 2:38 PM

Christine Lagarde highlights the advantages of Euro adoption for Bulgaria

With the introduction of the euro on January 1, Bulgaria will benefit from the stability, liquidity and all the advantages of the common currency, European Central Bank  President Christine Lagarde said in an interview with public service..

published on 10/20/25 10:37 AM
Tomislav Donchev and Mila Nenova, Executive Director of Invest Bulgaria Agency, at the presentation of the map.

Ministry of Innovation and Growth presents Bulgaria’s first interactive investment map

The Ministry of Innovation and Growth has presented the country’s first interactive investment map . The platform aims to provide Bulgarian and foreign investors with useful and up-to-date information in one place, making it easier for them to make..

published on 10/17/25 10:37 AM