Text size

NSI: Bulgaria Records Second Consecutive Month of Deflation

published on 6/14/24 4:55 PM

Photo: Pixabay

According to data from the National Statistical Institute, Bulgaria experienced a monthly inflation rate of -0.2% in May 2024. Year-on-year inflation from May 2024 compared to December 2023 stands at 0.4%, while the average annual inflation rate for the period June 2023 to May 2024 versus June 2022-May 2023 is 5.1%.

The sectors with the largest price decreases include Communications (-1.5%), Entertainment and Culture (-1%), and Transport (-0.9%). Conversely, the sector with the largest price increase was alcohol and tobacco, rising by 1%.

In April 2024, the monthly inflation rate was recorded at -0.3%.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria Economy april 2024 deflation may 2024 nsi

More from category

Romania launches feasibility study for the construction of a second bridge over the Danube River between Giurgiu and Ruse

The Romanian National Company for Road Infrastructure Administration (CNAIR) has announced a tender for a feasibility study for the construction of a new bridge over the Danube River between Giurgiu in Romania and Ruse in Bulgaria, reports..

published on 9/17/24 10:05 AM

The Sumitomo Electric Bordnetze factoriy in Mezdra, Bulgaria.

Japanese cable factory moves production out of Bulgaria, citing high costs

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 Karnobat will continue to operate at reduced capacity, BTA reported. The decision comes as the company..

published on 9/15/24 5:00 PM

Petko Nikolov, minister of economy, visits state dairy LB Bulgaricum.

State dairy company LB Bulgaricum starts modernisation of its plant in Vidin

State-owned dairy company LB Bulgaricum will start modernising its production facility in Vidin in September. The first step will be to renovate the refrigeration units and repave the alleys leading to the workshops and the car park in..

published on 9/15/24 9:05 AM