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The European Commission predicts slowdown in Bulgaria's economic growth

Economic growth in Bulgaria is expected to slow down in 2023 , according to the autumn economic forecast of the European Commission. After the good performance in 2022, exports will shrink this year due to reduced external demand. The imports for..

15.11.23 14:09 |

Disproportion between price and salary increases is what is worrying people, experts say

“We have a calm market at the moment. But what is worrying people and making them nervous is the fact that incomes are lagging behind,” says Vladimir Ivanov, chairman of the Commodity Exchange and Wholesale Markets State Commission. He says there is..

20.10.23 15:24 |
Bogdan Bogdanov, Minister of Economy and Industry

Cabinet will not cap prices of basic foodstuffs 

Discussions are underway with retail chains to voluntarily set weekly products at discount prices , Prime Minister Nikolai Denkov said on the occasion of Economy Minister Bogdan Bogdanov's idea for big stores to sell 15 basic foods at lower prices...

19.10.23 14:24 |

25.9% of under-17s in Bulgaria are at risk of poverty

As two wars rage and migrant flows increase, the human race seems to face another major challenge – what can be done to protect the rights and ensure a life of dignity for the people living on the verge of poverty. In Bulgaria, where the minimum..

17.10.23 15:00 |

Inflation in Bulgaria continues to slow down in September

Annual inflation in Bulgaria slowed to 6.3% in September from a level of 7.7% a month earlier, according to the National Statistical Institute. This has been the lowest reported inflation in this country since October 2021. In the..

16.10.23 13:19 |

What Bulgaria stands to gain (or lose) by entering the Eurozone

Accession to Schengen and the Eurozone, membership of the Organisation for Economic Cooperation and Development – these are some of the top priorities of Bulgarian diplomacy. The target date for the introduction of the single European currency is set..

03.10.23 12:52 |
National Statistical Institute

Annual inflation reaches 7.7% in August

The National Statistical Institute has reported 7.7% annual inflation and 0.4% monthly inflation in August this year. In August compared to July, the largest price rise was observed in fuel and transport services, health care,..

15.09.23 13:56 |

Tourism services underpin July inflation in Bulgaria

Tourism services underpin the return of monthly inflation in July. This is indicated by an analysis by the Ministry of Finance published this week. In July, compared to June, the consumer price index was 0.9% after two consecutive months of deflation...

10.09.23 17:43 |

EC Representation in Bulgaria launches an information campaign on the adoption of the euro

The Representation of the European Commission in Bulgaria launches today an information campaign on the adoption of the euro, Boyko Blagoev, Head of Communications of the European Commission Representation in Bulgaria, said for public service TV BNT...

04.09.23 11:10 |

8.5% is the annual inflation for July

In July 2023, the monthly inflation as measured by the consumer price index was 0.9% compared to the previous month , as the annual inflation for July 2023 compared to July 2022 was 8.5%.  In July 2023, compared to the previous month, the..

16.08.23 16:08 |
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