National Statistical Institute

According to recent data from the Confederation of Independent Trade Unions of Bulgaria (CITUB), the financial strain on Bulgarian households continues to intensify.

The Bulgarian Small and Medium Enterprises Promotion Agency (BSMEPA), together with the Bulgarian-Ukrainian Chamber of Industry and the support of the Bulgarian Chamber of Commerce and Industry, organize a Bulgarian-Ukrainian business forum with bilateral meetings, which will be held on April 25, 2024 in "Vasil Levski" hall of the "Hyatt Regency Sofia" hotel in Sofia.

New data from the National Statistical Institute (NSI) sheds light on the housing landscape in Bulgaria, painting a picture of the majority of Bulgarians residing in older homes.

The economic landscape of the country is experiencing a dynamic shift as new hotels, restaurants, and technology startups emerge at an unprecedented rate, according to data from the National Statistical Institute (NSI).

According to the latest data released by the National Statistical Institute, Bulgarian household incomes experienced a remarkable surge in 2023, reaching an average of BGN 10,846 per household member. This represents an impressive annual growth rate of 20.4%, marking a significant increase over the past decade, where incomes have more than doubled, growing by 2.3 times.

The National Statistical Institute's (NSI) latest report unveils a marginal annual increase in the income of Bulgarians in 2023 compared to their expenses, marking a reversal of the trend observed in 2022.

Bulgarian State Railways (BDZ) has declared a significant adjustment in train ticket prices, citing a sharp surge in the company's expenses over recent years. According to the press center of the national railway carrier, the price hike, averaging 20%, is scheduled to take effect from May 7.

In a recent report by the National Statistical Institute, Bulgaria's annual inflation rate for March witnessed a notable deceleration, settling at 3% compared to the previous month's figure of 3.0%. This marks the lowest inflation rate observed in the country since July 2021, when it also stood at 3 percent.

Tensions flared among former coalition partners as they debated the impact of their governance on Bulgaria's demographic crisis. Kiril Petkov, co-chairman of We Continue the Change-Democratic Bulgaria, pointed to National Statistical Institute (NSI) data suggesting a correlation between governance and the birth rate.

According to the National Statistical Institute, the overall business climate indicator in March 2024 remains stable compared to February, hovering around 23%. While there was a boost in the indicator within the retail trade and service sector, there was a decline noted in the industry and construction sectors.