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Bulgaria’s inflation highest in 24 years

in Foreign
Reading Time: 1 min read
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Damilare Aanuby Damilare Aanu
June 15, 2022

Bulgaria’s National Statistical Institute on Wednesday said the country’s inflation rose in May by 15.6 per cent year-on-year.

According to the institute, this is the highest annual rise since May 1998, when the figure stood at 18.8 per cent.

Meanwhile, the monthly inflation in May 2022 was 1.2 per cent which was lower than the  figures for April and March, which stood at 2.5 per cent and 2.2 per cent, respectively.

Prices of transport, food and non-alcoholic beverages contributed much to the inflation.

In May, transport prices rose by 3.2 per cent over the previous month, and by 32.6 per cent over the same period in 2021.

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Prices for food and non-alcoholic beverages rose by 1.8 per cent on a monthly basis and 22.7 per cent on an annual basis.

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LATEST UPDATES

Japan’s justice minister resigns after death penalty quip

November 11, 2022

Quinquagenarian docked for alleged wilful damage, land grabbing

November 11, 2022

Mitigating impact of emerging biosecurity threats

November 11, 2022

2 public servants docked over alleged failure to produce suspect

November 11, 2022

Company donates 40 WPS licenses for ABU’s smart classrooms

November 11, 2022

Security men docked for alleged theft of generator in Lagos

November 11, 2022

Ebonyi’s Gov. Umahi plans to produce 10,000 young multimillionaires using agriculture

November 11, 2022

Blatter says Iran should be barred from Qatar World Cup

November 11, 2022

FG, LASG promise joint action on Eko Bridge, others

November 11, 2022

Quacks are taking over our profession in Ogun, Medical Doctors seek intervention

November 11, 2022
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LATEST NEWS

Japan’s justice minister resigns after death penalty quip

3 years ago

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3 years ago

Mitigating impact of emerging biosecurity threats

3 years ago

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3 years ago

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3 years ago

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3 years ago

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