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

Monthly inflation rises to 1.1%

Photo: library

Acceleration of inflation to 1.1% in October compared to the previous month was registered by the National Statistical Institute. On an annual basis, the index is 1.8 percent.

In October, the prices of goods and services for entertainment and culture increased by 8.6%; for clothing and shoes - by 8.2%, for education - by 1.8%, for housing, water, electricity, gas and other fuels – by 1.1%. There is a decrease of 0.3% in the prices of transport and basic fuels, while those of home furnishing remain unchanged.

Meanwhile, the European Commission announced its autumn economic forecast, according to which inflation in Bulgaria will fall by more than 6% this year compared to 2023. The gross domestic product, on the other hand, will reach a growth of 2.4%. In the previous year the growth was 1.9 percent.



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

Caretaker Minister of Innovation and Growth Rosen Karadimov

A Taiwanese technology giant wants to build a factory near Plovdiv

A Taiwanese technology giant is negotiating to build a large production facility on the territory of the Trakia Economic Zone near Plovdiv, announced caretaker Minister of Innovation and Growth Rosen Karadimov. He was briefed with the progress of the..

published on 10/16/24 6:14 PM
Susumu Kataoka, president of Japan External Trade Organization

Japanese-Bulgarian business forum is being held in Sofia

A Japanese-Bulgarian business forum is being held in Sofia, organized jointly by the Japan External Trade Organization (JETRO ) and the Bulgaria Invest Agency . "I am leading a delegation of a hundred people, a fact that speaks volumes about..

published on 10/15/24 12:11 PM

Sofia to urge for European funding for energy interconnections 

EU energy ministers are meeting in Luxembourg to discuss the energy sector's contribution to the EU's competitiveness, wholesale electricity prices and winter preparedness.  At the request of Greece, supported by Bulgaria, Romania and Croatia,..

published on 10/15/24 7:50 AM