Text size

Inflation up 29.9 per cent since 2021, bread prices up 43.3 per cent

published on 1/13/25 5:48 PM

Photo: BGNES

An analysis by experts from the Confederation of Independent Trade Unions in Bulgaria (CITUB) shows that the cumulative growth of inflation (measured by the Consumer Price Index) over the last four years (from the beginning of 2021 until now) is exactly 29.9%.

However, this is an average indicator that often does not reflect the real level of personal inflation for each consumer. For this reason, inflation is often looked at for individual items in the small consumer basket. This, experts say, gives an idea of the real purchasing power of the majority of people.

The cumulative inflation for bread and cereals alone over the same period was 43.3%. Since the introduction of zero VAT, bread has become between 1% and 11% cheaper in the short term, but in the long term its price is rising, the union said.

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

Radio Bulgaria News 2021 bread citub inflation small consumer basket

More from category

The seven hostages are pictured above. Matan Angrest is third from the left in the top row.

Bulgarian citizen among hostages released in Gaza

Matan Angrest, who holds Bulgarian and Israeli citizenship, was among the twenty hostages released by Hamas in the Gaza Strip , the Israeli Ministry of Foreign Affairs announced on X. He was one of seven detainees freed early this morning. Thirteen more..

published on 10/13/25 2:06 PM

Vice President Iliana Yotova visits China

"We women must turn innovation into our ally, not a new barrier to human rights. We cannot allow women to bear the hidden cost of digital progress and artificial intelligence,' said Vice President Iliana Yotova, who is currently attending the 'Global..

published on 10/13/25 1:46 PM

There are no buyers for Lukoil Neftochim Burgas

There is no declared investor interest from a potential buyer and no negotiations for the sale of "Lukoil Neftochim Burgas". This was what Minister of Energy Zhecho Stankov told BNT. Bulgaria guarantees the energy security of the..

published on 10/13/25 10:49 AM