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

Cumulative inflation for the last 3 years is 30%, NSI President says

NSI President Assoc. Prof. Dr. Atanas Atanasov
Photo: BGNES

The National Statistical Institute (NSI) expects a high evaluation from the inspection of the Organisation for Economic Co-operation and Development (OECD), said NSI President Assoc. Prof. Dr. Atanas Atanasov. 

A report will be released by the end of April and in June we expect to be heard in Paris about our readiness to join the OECD. I assume that the NSI will be the first part of Bulgaria's full membership in the OECD, Atanasov stated. 

He said that the cumulative inflation in the country for the last three years was just over 30%. In 2023, it will be close to 17 per cent. Inflation does not mean impoverishment, NSI President explained, adding that "the trend of people travelling more at home and abroad continues, which is not a sign of impoverishment." He pointed out that the devaluation of the currency is a result of the absence of strong anti-inflationary measures.



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

More than 1/5 of Bulgarians live below the poverty line

The poverty threshold in Bulgaria was BGN 637.92 (EUR 323) per person per month in 2023. This is an increase of 21.3 per cent compared with the previous year , when the indicator was BGN 525.92 (EUR 266), the National Statistical Institute said.  I..

published on 4/26/24 1:37 PM
The Vienna Economic Forum - Sofia Meeting 2024

Caretaker PM Dimitar Glavchev with an address to the Vienna Economic Forum - Sofia Meeting

“We are a guarantee of stability in the region,” caretaker Prime Minister Dimitar Glavchev states in an address to the Vienna Economic Forum - Sofia Meeting, 2024, the Bulgarian news agency BTA reports. Sofia is hosting the meeting of the..

published on 4/22/24 10:24 AM
Adrian Nikolov

Salaries in industry will catch up with the pay in the IT sector

In 2023, the share of young people aged up to 29 neither in employment nor in education, stands at 13.8%, as compared to 15.1% a year earlier. Compared to the other EU countries, this percentage remains high. 1/7 th of the young people who are..

published on 4/19/24 10:32 AM