The annual inflation rate in Bulgaria accelerated for the 12th consecutive month to 10% in February, from 9.1% in the previous month, data of the National Statistical Institute indicate. On a monthly basis, consumer prices increased with 1.4%, amid soaring prices of food and transport.
“We haven't ascertained any serious price distortions. As for the price of sunflower oil, more than 350 inspections were caried out in retail establishments within 3 or 4 days”, Dimitar Margaritov, Chairman of the Consumer Protection Commission, said for the BNR. In his view, there are no grounds for concern and called on Bulgarians to buy wisely.
After the election for parliament on 27 October, the caretaker government has to submit a draft of a budget for 2025 to parliament by the end of the month. Some economic analysts say the budget of the country for 2024 is the worst in the past decade. Holes..
Bulgaria's economy will grow by 2.3 per cent this year. This is according to the latest World Economic Outlook prepared by the International Monetary Fund and presented today in Washington. This is down from the Fund's April estimate, which predicted that..
In 2023, the government budget deficit was 2% of GDP or €1.9 billion. This is indicated by the final data of the National Statistical Institute. This is a significant narrowing of the budget deficit compared to the previous 3 years...
The assets of private pension funds have reached EUR 13 billion. According to data from the Financial Supervision Commission, they have increased by..
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