Stability Reigns: Sofia Real Estate Market Thrives Despite Uncertain Times
The real estate sector in Sofia has shown resilience in the face of ongoing pandemic challenges, maintaining stability across all segments in the first quarter of the year
The index of consumer prices in July stood at 99.8 % compared to June, meaning that there was a monthly deflation of 0.2 %.
The deflation since the beginning of the year stood at 0.3 %, while the annual deflation was 0.2 %.
This is revealed by the latest figures of the National Statistical Institute (NSI), which were released on Wednesday.
Compared to June there was a decrease in the prices of the following goods and services in July: foods and soft drinks (1 %), alcohol and tobacco products (0.1%), clothing and shoes (2.7 %), dwellings and utility bills (0.2 %), healthcare (0.4 %) and messages (0.1 %).
The prices of the following goods and services increased in July: home furniture, domestic appliances and maintenance (0.6 %), transport (0.6 %), entertainment and culture (4.5 %), restaurants and hotels (0.8 %) and other goods and services (0.4 %).
The prices of education retained their levels from June.
In July, there was a decrease in the prices of the followings foods and drinks: flour, bread, pasta, pork meat, cattle meat, white cheese, yellow cheese, quark, margarine, peaches and apricots, tomatoes, cabbage, peppers, onion, carrots, olives, mushrooms, potatoes, beans, fresh vegetable herbs, vinegar, coffee, beer and rakia.
The prices of the following foods and drinks increase in July: poultry meat, fresh and frozen fish, eggs, yoghurt, sunflower oil, apples, citrus fruits, cucumbers, garlic, lentils, sugar, ice cream, mineral water and soft drinks.
As regards other goods and services, there was a decrease in the prices of clothing and shoes, repair and maintenance materials, fuels for home use, air conditioners, cookers, TV sets, washing liquids, diesel fuel and personal computers.
The prices of the following goods and services increased: furniture, detergents, A95H and A98H petrol, passenger air transport, holiday services and tourist trips, short-term accommodation services, road insurance, cosmetic and hygienic products.
There was a decrease in the prices of medicines and other pharmaceutical products, while the prices of medical and dental services retained their levels from June.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
Bulgaria's long-anticipated entry into the Eurozone may face a delay, as the country is unlikely to meet the inflation criterion required for the introduction of the euro on January 1, 2025
The price of retail lamb in Bulgaria has surged by 8.4% on an annual basis, according to statistics released by the Ministry of Agriculture and Food, with data sourced from SAPI indicating an average price of BGN 25.27 per kilogram as of April 10
According to recent data from the Confederation of Independent Trade Unions of Bulgaria (CITUB), the financial strain on Bulgarian households continues to intensify
Experts suggest that Bulgaria's admission to the Eurozone is more realistic in January 2026
February witnessed a surge in remittances from Bulgarians residing abroad, reaching a remarkable EUR 110.5 million, marking the highest value since last July
Amidst financial fluctuations and strategic fiscal decisions, Bulgaria's Minister of Finance, Lyudmila Petkova, unveils the nation's robust fiscal reserve, standing tall at BGN 10.9 billion as of April 18th
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022