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

NSI: Bulgaria Records Second Consecutive Month of Deflation

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!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Stanislav Popdonchev

Businesses are worried the political crisis is hampering the country’s development, says BIA Vice President

“The main priorities businesses have – membership of the Eurozone and accession to the Schengen area by land – have receded to the background. They are the motors which can boost the economy, but the fact there is no regular government is an obstacle..

published on 11/12/24 10:00 AM

Bulgargaz LNG tender for January and February next year attracts record interest

Bulgargaz has reported record interest in its tender for the supply of LNG to the Alexandroupolis terminal for January and February 2025. All nineteen bidders met the criteria set by the company and have been approved to participate in the next..

published on 11/9/24 2:43 PM
Lukoil Neftochim in Burgas

FT: Russian oil company Lukoil plans to sell its Bulgarian refinery to Qatari-British consortium

The Russian state oil company Lukoil has plans to sell its Bulgarian refinery Neftochim based in Burgas on the Black Sea Coast. It is the largest in the Balkans, writes the Financial Times .  The deal is expected to be announced by the end of..

published on 11/6/24 11:55 AM