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

Cost of living in Bulgaria up

Photo: library

According to data of the Confederation of Independent Trade Unions in Bulgaria, in the first quarter of 2019 the cost of living of a four-member Bulgarian family amounted to EUR 1,249 or EUR 312 per capita, which is EUR 16 more as compared to the same period in 2018. The salary continues to be the main source of income in the Bulgarian households- an average of EUR 580 per household. The purchasing power increased with 6.4%. The gap between lowest and highest salaries is widening and now the biggest wages are 5.9% higher than the minimum salary. As a result, social inequalities increase and the middle class has disappeared. According to the proposal of CITUB, the salaries must increase between 12% and 15% on an annual basis and that in 2020 the average salary in Bulgaria must reach EUR 971 and the minimum should reach EUR 460. 




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

Bulgarians will travel to China without visas

The People's Republic of China is introducing a visa-free regime for holders of Bulgarian passports for business purposes, tourism, visiting relatives or friends, official visits or transit, for no more than 30 days. The Situation..

published on 11/28/24 8:50 AM

New attempt to elect speaker 18 days after the opening of the 51st National Assembly

Bulgarian MPs are meeting today for the seventh time in an attempt to elect a speaker of the 51st National Assembly after the first six failed to produce a result. This is how the first session of the new parliament, which began on November 11, continues..

published on 11/28/24 7:40 AM

Experts discuss the future of the real estate market in Sofia

The Real Estate Business Forum "Standards of the Future in Our Living Environment" will bring together experts in Sofia today. The focus of the discussions will be on the real estate market in the Bulgarian capital and the region. An analysis of..

published on 11/28/24 5:15 AM