Text size

Inflation up 29.9 per cent since 2021, bread prices up 43.3 per cent

published on 1/13/25 5:48 PM

Photo: BGNES

An analysis by experts from the Confederation of Independent Trade Unions in Bulgaria (CITUB) shows that the cumulative growth of inflation (measured by the Consumer Price Index) over the last four years (from the beginning of 2021 until now) is exactly 29.9%.

However, this is an average indicator that often does not reflect the real level of personal inflation for each consumer. For this reason, inflation is often looked at for individual items in the small consumer basket. This, experts say, gives an idea of the real purchasing power of the majority of people.

The cumulative inflation for bread and cereals alone over the same period was 43.3%. Since the introduction of zero VAT, bread has become between 1% and 11% cheaper in the short term, but in the long term its price is rising, the union said.

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

Radio Bulgaria News 2021 bread citub inflation small consumer basket

More from category

Speaker of Parliament: “The probability of forming a regular government is 50%”

The probability of forming a government is 50%. I said this before the New Year and I still think so today, as the percentages have not increased. This was what the Speaker of the Parliament, Natalia Kiselova, told bTV. At the..

published on 1/13/25 8:50 AM

National forum seeks solutions for independent election process

A national roundtable on the topic of “Changes to the Electoral Code, guaranteeing the conduct of fair elections in Bulgaria” will be held today in Sofia at the initiative of the “Awakeners” civic platform. At the forum, the..

published on 1/13/25 8:05 AM

Colder weather with snowfall on Monday

In the next 24 hours, the weather situation in the southern part of the country will remain complicated. With temporary interruptions, snowfall will continue as it will be significant in the Rila-Rhodope region, Strandzha and Sakar...

published on 1/12/25 6:00 PM