In One Year Growth of 30% in Food Prices in Bulgaria
Wholesale food prices in Bulgaria have increased by 30% compared to March last year. This is shown by the market price index.
Wholesale food prices in Bulgaria have increased by 30% compared to March last year. This is shown by the market price index.
Economist Miyka Zaykova predicts inflation of 25% -30%. According to her, the state must find in time alternative suppliers of the products we have imported from Russia so far and negotiate affordable prices. Otherwise, bankruptcies are expected.
We have been in a situation of high inflation for 8 months, people have been impoverished since August, and there will be another 10% impoverishment if wages do not increase.
“When there is a war next to us, it inevitably changes all the plans of the world. There will be inflation and it will calm down, if it calms down at all, by the end of the year.”
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According to preliminary NSI data, the consumer price index for Bulgaria in January 2022 compared to December 2021 was 101.5%, i.e. monthly inflation is 1.5%. The annual inflation for January 2022 compared to January 2021 was 9.1%.
The new data from the National Statistical Institute (NSI) on several main economic indicators are extremely positive. From them, it can be concluded that the Bulgarian economy has already overcome the crisis related to the coronavirus and is entering a p
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The government has approved a strategy for public debt management for the period 2022-2024. This was announced by Prime Minister Kiril Petkov after the meeting of the Council of Ministers.
America's national debt on Tuesday hit another sobering milestone surpassing USD 30 trillion for the first time.
The managing director of the International Monetary Fund, Kristalina Georgieva, said there were two reasons for the slowdown in the global economic recovery.
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