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Economy

Economists: Food prices inflation has passed its peak

In 2022, the inflation was in energy commodities, since the beginning of this year this has changed and now the leading is food prices surge, Petar Ganev from the Institute for Market Economics commented in "The Day Begins" programme on BNT on March 13. According to Ganev, the food prices...
Economists: Food prices inflation has passed its peak
Cost of holidays at Bulgarian Black sea coast projected to rise by 15% to 30% this year
Cost of holidays at Bulgarian Black sea coast projected to rise by 15% to 30% this year
A holiday on the Black Sea coast will be between 15 and 30% more expensive this year, a representative of Bourgas Tourist Chamber told BNT morning show on March 13. The industry expects a...
Irrigation water price hiked by 300%, farmers ready to protest
Irrigation water price hiked by 300%, farmers ready to protest
An urgent option is being sought to compensate farmers for the sharp rise in the irrigation water prices since the beginning of March, which is by nearly 300%, the agriculture ministry said on...
Authorities to fight food prices speculation with electronic labelling
Authorities to fight food prices speculation with electronic labelling
In an attempt to crack down on profiteering, the government will try to regulate the path of food goods - from the producer to the shops. The idea is to do this with electronic labels to track the...
Gross domestic product growth reported by NSI
The gross domestic product (GDP) for 2022, obtained as a sum of quarterly data, increases in real terms by 3.4% compared to 2021, data from the...
Measures to tackle rising food prices: After outlet inspections, when will goods become cheaper?
At the latest within 6 months, the state's measures against the food prices speculation are expected to lead to a decrease in prices, the Head of...
Statistics: More than 75% of Bulgarians are having difficulties to cover daily expenses
More than 75% of the people in Bulgaria have difficulties to cover their daily expenses, according to data from the National Statistical...
Inspections in shops in Bulgaria find food price speculation
There is food price speculation in the country. The caretaker Minister of Agriculture’s conclusion comes a week after the state launched...
Finance Minister: Bulgaria will not adopt the euro in January 2024
Finance Minister: Bulgaria will not adopt the euro in January 2024
Bulgaria will not join the euro zone on 1 January 2024, caretaker Finance Minister Rositsa...
Commission for Protection of Competition fined Lukoil-Bulgaria over 67 million BGN for abuse of dominant position
Commission for Protection of Competition fined Lukoil-Bulgaria over 67 million BGN for abuse of dominant position
The Commission for Protection of Competition on February 17 imposed a pecuniary sanction in the...
National statistics: Incomes grow slightly slower than spending, consumption of some staple foods declines
National statistics: Incomes grow slightly slower than spending, consumption of some staple foods declines
The quarterly average total income per person in a household in the fourth quarter of 2022 was...
Food shops checked for artificially inflated prices
Food shops checked for artificially inflated prices
Following an order by the Council of Ministers, checks have been launched on food shops against...
More loans, less savings in 2022, according to central bank statistics
More loans, less savings in 2022, according to central bank statistics
Bulgarian National Bank reports an increase in household loans. In 2022, they were more than...
EC forecasts 7.8% inflation in Bulgaria in 2023
EC forecasts 7.8% inflation in Bulgaria in 2023
The European Commission forecasts inflation in Bulgaria to be 7.8% in 2023. Because of high...
Caretaker Prime Minister, employers’ organisations discussed prices of food products
Caretaker Prime Minister, employers’ organisations discussed prices of food products
Caretaker Prime Minister, Gulub Donev, on February 9, held a meeting with employers'...
Bulgatransgaz: Cooperation with reliable LNG suppliers ensures uninterrupted supplies in Bulgaria
Bulgatransgaz: Cooperation with reliable LNG suppliers ensures uninterrupted supplies in Bulgaria
Cooperation with reliable LNG suppliers has ensured uninterrupted supplies to the country, said...
Eurostat: Pizza price in Bulgaria is 37% up, in Italy - 10%
Eurostat: Pizza price in Bulgaria is 37% up, in Italy - 10%
Eurostat has published data on pizza price rises in the European Union on the occasion of...
Former energy minister and former head of "Bulgargaz" accused of buying gas from Gazprom through intermediaries
Former energy minister and former head of "Bulgargaz" accused of buying gas from Gazprom through intermediaries
Former Energy Minister Alexander Nikolov and one of his deputies - Danail Nikolov, as well as...
Prices of basic foods in Bulgaria have risen between 20% and 40% in just a year - government takes urgent measures
Prices of basic foods in Bulgaria have risen between 20% and 40% in just a year - government takes urgent measures
Caretaker Prime Minister Gulub Donev on February 7 held a working meeting with the ministries...
Government starts daily analysis and control of food prices in Bulgaria
Government starts daily analysis and control of food prices in Bulgaria
Caretaker Prime Minister, Gulub Donev, on February 7, initiated a meeting at the Council of...
Government to take urgent measures to address rising food prices
Government to take urgent measures to address rising food prices
The caretaker government is looking for ways to tackle food prices speculation in the country,...
Natural gas price in Bulgaria drops by nearly 31% in February
Natural gas price in Bulgaria drops by nearly 31% in February
The Energy and Water Regulatory Commission cut the price of natural gas by nearly 31% in...
Natural Gas Price proposed by Bulgargaz for February is BGN 124.35/MWh
Natural Gas Price proposed by Bulgargaz for February is BGN 124.35/MWh
BGN 124.35/MWh (excluding excise duty and VAT) is the final proposed price for February 2023, at...
Bulgaria’s central bank removes old 20 lev banknotes from circulation
Bulgaria’s central bank removes old 20 lev banknotes from circulation
The 20 lev banknotes, issue 2005, will be withdrawn from circulation on February 1 and will no...
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