Bulgaria's Inflation Expected to Rise Ahead of Euro Adoption
Buget
Inflation in Bulgaria is projected to rise ahead of the country’s euro adoption, as indicated in the Ministry of Finance’s latest spring Macroeconomic Forecast. The anticipated increase is largely driven by higher prices for services and food. According to data based on the EU consumer basket, the average annual inflation rate in 2024 was recorded at 2.6%. After nearly two years of a steady decline in inflation , the trend reversed in the fourth quarter of last year, with prices climbing once
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