Text size

Statistics show a sharp drop in annual inflation in the country

published on 10/15/24 2:02 PM

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!

Radio Bulgaria News annual inflation in Bulgaria inflation inflation in Bulgaria

More from category

Sheep infected with smallpox in Zhelyo Voivoda village to be euthanized

In Zhelyo Voivoda village, a flock of sheep infected with smallpox will be euthanized after laboratory tests confirmed that the animals are indeed infected. BNR’s correspondent in Sliven reports, citing the local administration, that the animals..

published on 11/29/24 10:47 AM

Low emission zone put in place in Sofia as of 1 December

As of 1 December until the end of February, driving an old car in the centre of Sofia will be subject to a EUR 25-100 fine. The fines for legal entities will be 10 times higher – from EUR 500 to EUR 1,000. The low emission zone was put in place..

published on 11/29/24 10:25 AM

Ivaylo Mirchev from Democratic Bulgaria: We look ridiculous in people’s eyes

The due date for preventing the prospect of Borislav Sarafov taking the position of prosecutor general is drawing close, as is the deadline for coordinating the budget, Ivaylo Mirchev from Democratic Bulgaria said in an interview with public service..

published on 11/29/24 9:17 AM