Text size

Annual inflation in Bulgaria hits 14.4%: National Statistical Institute

published on 5/17/22 12:03 PM

Photo: Alami/Reuters

The monthly inflation in Bulgaria in April has been estimated at 2.5%, as the prices of food products and non-alcoholic beverages rose by 4.5%. The main upward pressure on inflation in April was exerted by the prices of clothing and footwear, which increased by 6.4%. There is another increase in transport prices, which increased by 3.5%.

Annual inflation is already 14.4%, compared to 12.4% in the previous month. The new level is almost close to the values of the summer of 2008 on the eve of the global financial crisis, according to data from the National Statistical Institute.

At the same time, in the first quarter of 2022, the country's GDP growth was 4.5% on an annual basis, which is slightly above forecasts.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria Economy annual inflation GDP inflation National Statistical Institute prices

More from category

The total expenditure per household member in Q1 of 2024 averages EUR 1,290

The total average income per household member in the first quarter of 2024 is BGN 2,840 (EUR 1,452.07), which was an increase of 18.6%, year-on-year, the National Statistical Institute said. Wage income increased from BGN 1,284 (EUR 656.5) to BGN 1,597..

published on 5/17/24 2:46 PM

Over 1 million is the number of inactive persons on the Bulgarian labor market

There are over one million inactive persons on the Bulgarian labour market. They don't study, don't work and are not registered with the labour offices. This "army" has huge untapped potential, National Employment Agency Director Smilen Valov said...

published on 5/16/24 8:49 AM

EC: Inflation in Bulgaria is expected to be 3.1% in 2024

According to the European Commission's spring economic forecast for this year, inflation in Bulgaria is expected to reach 3.1 % in 2024 and 2.6 % in 2025 . The anticipated downtrend in external prices is expected to limit inflation in both energy and..

published on 5/15/24 3:13 PM

WEATHER

Pick city: Sofía

Clear
Min: 17 | Max: 30

BULGARIA IN PICTURES

Which world-famous Bulgarian artist designed QSL cards for Radio Bulgaria?

IT sector attracts thousands but the market cherry picks the most motivated and experienced specialists

IT is one of the leading sectors in terms of salary increases and interest by job seekers in Bulgaria. Before the pandemic all kinds of experts were..

published on 7/5/24 1:44 PM

Share