Bulgaria's Poverty Reality: One-Fifth Below the Line in 2023
The National Statistical Institute reports that in 2023, the poverty line for the entire country stood at 637.92 BGN per person per month within households
The inflation rate since the beginning of the year (May 2020 compared to December 2019) is -0.6 % and the annual inflation for May 2020 compared to May 2019 stands at 1.3%, Bulgaria’s national Statistical Institute reported on June 15.
The statistics report reduction in the prices of the following food products in May: cereals - by 2.1%, beef - by 2.8%, pork - by 2.5%, cheese - by 0.7%, eggs - by 6.7%, tomatoes - by 4.8%, cucumbers - by 8.9%, cabbage - by 16.8%, peppers - by 15.7%, potatoes - by 5.5%, coffee - by 2.2%, beer - by 1.3%, and others.
The prices of the foolowing products went up: rice - by 1.0%, flour - by 1.1%, bread - by 0.6%, short-lived and durable sausages - by 0.1 and 0.8%, yogurts - by 1.1%, yellow cheese - by 0.7%, apples - by 11.5%, citrus fruits - by 5.3%, sugar - by 1.9%, vinegar - by 1.8%, salt - by 1.5%, mineral water - by 0.7%, carbonated drinks - by 1.4%, brandies - by 0.1%, wines - by 1.0%, and others.
In May, prices of medicines increased by 0.4%. The increase in the prices of dental services is 0.2%./BNT
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
The National Statistical Institute reports that in 2023, the poverty line for the entire country stood at 637.92 BGN per person per month within households
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
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022