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

Bulgarian National Bank expects that annual inflation may increase to 4%

Photo: library

The Bulgarian National Bank changed its projections about the inflation in 2019. Three months ago BNB forecasted that the annual inflation would reach 2.6%, but now it expects that there is 60% chance that annual inflation will fluctuate between 1.1% and 4%. The Bulgarian National Bank expects higher annual inflation, because of the increase of the international prices of food and fuels, the increase of prices of services in Bulgaria, higher labor costs and consumer demand. Inflation will accelerate slowly at the end of 2019 and will gradually slow down to 2.1% at the end of 2020, the macroeconomic analysis of BNB reads.




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

Shopping malls vow to step up security after series of aggressive acts

Shopping malls in Sofia and across the country will increase the number of security guards where needed. Additional panic buttons are also to be put in place if retailers wish, the Bulgarian Retail Association said. Groups of suspicious persons will be..

published on 11/27/24 4:44 PM

Bulgaria is 3% away from entering the US Visa Waiver Program

The U.S. Department of State today released the data for the refused type B visas for the financial year 2024. For Bulgaria, this percentage is 6.02%, which marks a significant decrease compared to last year, when it was 11.61%. This is the lowest..

published on 11/27/24 4:09 PM

Bulgarian MPs fail in their sixth attempt to elect Parliamentary Speaker

The Bulgarian MPs gathered in plenary today for a sixth attempt to elect a President, which again proved unsuccessful.  The chances of electing a Speaker of the 51st National Assembly are minimal The candidates Natalia Kiselova from..

published on 11/27/24 3:06 PM