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

Dimitar Radev

Dimitar Radev: Joining the Eurozone later in 2025 is a possible scenario

Joining the Eurozone later in 2025 is a possible scenario, and at this stage, it is a more likely one, Bulgarian National Bank Governor Dimitar Radev said for BTA in Washington during the Spring Meetings of the World Bank Group and the International..

published on 4/18/24 10:27 AM

Tsveti and her buffaloes of the Bulgarian Murrah breed

She is beautiful, young and educated and has the qualities for a successful career on the catwalk or in the advertising business! But she chose to raise buffaloes in a Bulgarian village. Tsvetelina Nedkova graduated with honors from..

published on 4/16/24 3:06 PM

Kristalina Georgieva: Chance to enter the Eurozone should not be missed

Progressive income taxation allows a country's resources to be shared more successfully with society. The 10% flat tax has played its role in shedding light on incomes, but it's time to replace it, Kristalina Georgieva, managing..

published on 4/16/24 11:54 AM