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.
We have a methodology, and it will be acknowledged. And since our experts have worked according to this methodology, we believe that we have met the convergence criteria
Only the cost of clothing and shoes went down
The prediction was made in the Bulgarian National Bank's quarterly Macroeconomic Forecast
Bulgaria is likely to meet the eurozone inflation criterion in the first months of 2025
The most realistic date for Bulgaria's accession to the Eurozone is January 1, 2026 - this is the conclusion that a number of financial institutions
Inflation in Bulgaria continues to inch closer towards the permissible limits for Eurozone admission. At the end of September, the country’s indicator was only 1 percentage
Inflation in Bulgaria will hover above 2% over the next two years, supported by wage and credit growth, and consumption will remain the engine of the economy
Yet another big bank in Bulgaria – UBB - expects that the country will only meet the inflation criterion for the Eurozone next year
Bulgaria does not meet the inflation criterion and is not ready to join the Eurozone from January 1, 2025. This was expectedly stated by the European Central Bank
The Bulgarian National Bank (BNB) has lowered its growth expectations for the Bulgarian economy in 2024 and next year. The central bank now expects gross domestic product (GDP)
