Bulgaria continues to remain within the eurozone's inflation limits, according to data from the European statistical service Eurostat
Data on the sustained low 12-month average inflation will be reflected in the convergence report expected from Brussels on June 4
Annual inflation in Bulgaria slowed to 3.5% in April, according to data from the National Statistical Institute (NSI) published on Thursday
The criterion was met for the first time in February, when Bulgaria's inflation rate fully matched that of the eurozone.
This is the opinion held by ING Think, the economic analysis unit of the Dutch bank ING
Only the cost of clothing and shoes went down
The convergence report will show whether the country is ready to join the monetary union.
Bulgaria is likely to meet the eurozone inflation criterion in the first months of 2025
The Bulgarian Ministry of Finance expects higher inflation next year compared to its medium-term budget forecast published in the summer.
Deflation has made a comeback to Bulgaria, driven mainly by a drop in food prices. National statistics data shows that in September, on a monthly basis
