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

Living expenses are growing faster than incomes

Photo: BGNES

In the past 3 months, the income needed to support 1 person has grown by 3.1%. On an annual basis the rise is 14.6%, according to the monitoring on consumer prices and wages by the CITUB trade union. The sum needed to support a working person living alone increases by 89 euros, and for a family of three by 160 euros. The net monthly income needed by a single person is EUR 697; for a family of three it is EUR 1,254. The inflation rate for essential goods reaches 25 percent and wages in the state budget have lost 6% of their purchasing power since the beginning of 2023.

2/3 of working people do not receive the money they need to live normally, CITUB economist Luboslav Kostov said. According to CITUB calculations, the minimum monthly wage should be 650 euros, not 390.




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

Delyan Peevski

MRF-New Beginning requests investigation into vote-buying signals

An attack on elections is also an attack on national security. With these words, Vice President Iliana Iotova commented on the questions asked by President Rumen Radev about the fairness of the previous parliamentary elections . "From the very beginning..

published on 10/31/24 1:19 PM
Rumen Radev

President Radev demands answers from the institutions regarding the reports of vote-buying

Instead of calming society, the announcement of the election results generated tensions and raised questions about how fair the elections have been, says President Rumen Radev in a position on the early election for parliament, the presidential..

published on 10/31/24 12:05 PM

More than 95% of the participants in the Bulgarian Wants You forum in London say they are considering returning to Bulgaria

95.4% of the people who went to the forum “Career and life – why in Bulgaria?”, held in London on 20 October, say they are considering returning to Bulgaria, indicate data from an online survey active during the event. The results are up by 10%..

published on 10/31/24 11:27 AM