Bulgaria’s Fuel Prices Could Rise Depending on Duration of the Middle East Crisis
Government
The ongoing military conflict in the Middle East is expected to influence fuel prices in Bulgaria with a lag of approximately 7 to 14 days, potentially pushing inflation in the country up by around 0.6%, according to economist Assoc. Prof. Shteryo Nozharov, who shared his assessment on NOVA NEWS. Nozharov emphasized that this would be a moderate addition to the average annual inflation rate. Together with Mihail Krastev, executive director of the Union for Business Initiative, he examined the
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