Bulgaria's Average Salary Rises to 24,485 Leva in 2023
In 2023, the average gross annual salary in Bulgaria reached 24,485 leva, marking a 15.3% increase compared to the previous year
Bulgaria's February inflation rate reached 2% as compared with the same month of 2011, the country's National Statistical Institute has informed.
February's monthly inflation was 0.9%.
The annual average inflation, measured by the consumer price index over the last 12 months (March 2011 - February 2012) compared to the previous 12 months (March 2010 - February 2011) was 3.8%.
According to the Institute, the consumer price index in January 2012 compared to December 2011 was 100.2%, i.e. the monthly inflation was 0.2%.
The harmonized index of consumer prices (HICP) in February 2012 compared to January 2012 was 100.6%, i.e. the monthly inflation was 0.6%. The inflation rate since the beginning of the year (February 2012 compared to December 2011) was 0.9% and the annual inflation in February 2012 compared to February 2011 was 2.0%.
The annual average inflation, measured by HICP, in the last 12 months (March 2011 - February 2012) compared to the previous 12 months (March 2010 - February 2011) was 3.0%.
The Bulgarian Ministry of Finance has unveiled the draft budget for 2025, alongside the updated medium-term fiscal forecast covering 2025 to 2028
Thousands of Bulgarian consumers who invested in the British company BETL have reported that the company has stopped paying daily dividends and appears to have ceased its operations.
In recent weeks, there has been ongoing concern regarding the state's expenses for next year, with projections showing that costs far exceed available funds
The Bulgarian National Bank (BNB) has voiced strong opposition to a proposed 10% tax on banks' excess profits, citing concerns that it would destabilize the financial sector
Economist Rumen Galabinov has stated that Bulgaria's potential future membership in the Eurozone could significantly benefit the country's economy
The Gross Domestic Product (GDP) for Bulgaria in the third quarter of 2024 grew by 2.4% compared to the same period in 2023
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