Share

Text size

Bulgarian National Radio © 2025 All Rights Reserved

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

published on 5/15/24 3:13 PM

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!

Radio Bulgaria Economy 2024 bulgaria ec spring economic forecast

More from category

The pig farming industry in Bulgaria is experiencing growth

The pig meat sector in Bulgaria is showing signs of growth. This was announced at the International Forum "Modern Trends in Pig Farming: Scientific, Market and Regulatory Aspects", held today in Stara Zagora. It was highlighted that 53% of the..

published on 4/15/25 3:18 PM

NSI: Agricultural net income down by 1.1% over the year

The total output at basic prices from the agriculture sector in 2024 amounts to €4,970.1 million, which is 7.9% less compared to the previous year. This decline is due to two main factors: a 3.2% decrease in the quantity of agricultural..

published on 4/14/25 2:26 PM

Bulgarian processors import rapeseed from Canada due to a shortage of raw materials

One of the largest cargo ships in the world docked for the first time at the Port of Varna, delivering 58,000 tons of rapeseed, BGNES reported. The shipment arrived from Canada and will be refined in Bulgaria. The delivery was made due to a..

published on 4/12/25 4:04 PM

1
..
5
6
7
8
9
10

WEATHER

Pick city: Sofía

Thunderstorms
Min: 12 | Max: 18

BULGARIA IN PICTURES

Which world-famous Bulgarian artist designed QSL cards for Radio Bulgaria?

shopify analytics ecommerce
tracking