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

Statistics show a sharp drop in annual inflation in the country

Photo: National Insurance Institute

Inflation in Bulgaria slowed down in September to 1.2 percent from 2.1 percent in August, hitting the lowest level since March 2021, data from the National Statistics Institute showed. Compared to August, there is a deflation of 1%, after the 8th month of the year, the consumer price index rose by 0.1% compared to July. 

The sharp deceleration of annual inflation in September was due to a weaker increase in prices in health care, in the restaurant and hotel business. Transport costs also decrease in the field of "entertainment and culture". However, inflation increased slightly for food, beverages and tobacco products. 

The peak of inflation in Bulgaria was in September 2022, when it reached 18.7 percent on an annual basis. 

By reducing inflation, Bulgaria is getting closer to the criteria for entering the Eurozone.




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

Ivan Vazov National Theatre

Survey: 20-30% of Bulgarians want access to culture but cannot afford it

Between 20 and 30% of Bulgarians want to have access to culture but cannot afford it. This is the result of a national survey conducted by the Alpha Research sociological agency on behalf of the Ideas Factory and the Observatory of Cultural Economics..

published on 10/16/24 1:58 PM
President Rumen Radev

The President and the Judges oppose the SJC's plan to elect the next Prosecutor General

"It is not appropriate for the current composition of the Supreme Judicial Council (SJC) to decide who will head the Prosecutor's Office and the Supreme Administrative Court, the Bulgarian Judges' Association said in its statement.  "The expired..

published on 10/16/24 1:41 PM

President Radev: Imposing responsibility before the end of investigation of the death of two pilots is immoral

On Aviation and Air Force Day, President Rumen Radev pointed out that the day was darkened by the death of the two pilots, whom we continue to mourn for. "I cannot comment on hypotheses before all the facts about this accident are..

published on 10/16/24 11:59 AM