The growth of inflation in August slowed down slightly, according to data of the National Statistical Institute. The rise of the cost of living compared to the same month of 2021 reached 17.7%. The increase compared to the previous month of July was 1.2%.
In August, the highest rise in prices was recorded in housing, water, electricity and fuel - 5.2%. Prices of goods and services grew by 2.3%. Food prices rose by 1.2 percent.
A 3.8-percent decline was recorded in the prices of transport and a 2.3% drop in the prices of clothing and footwear.
The Bulgarian National Bank has announced that the caretaker government plans to take on 1 billion euros of internal debt by the end of the year. The first auction for 100 million euros will take place on September 19.
We are moving towards the option of not having a quickly adopted budget for 2025, Lachezar Bogdanov, chief economist from the Institute for Market Economics, told BNR. In presenting the institute's alternative state budget, the..
Bulgaria and India will intensify their cooperation in various sectors of mutual interest. This was discussed at a meeting of the Bulgarian Minister of Economy Petko Nikolov with Ambassador of India to Bulgaria H.E. Sanjay Rana. The two focused..
On October 31, 2024, 10 business leaders in Bulgaria founded the first Bulgarian-Czech Chamber of Commerce in the country. At the Embassy of the Czech Republic in Sofia, in the presence of Martin Dvořák, Minister of European Affairs of the Czech..
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