Prices in Bulgaria Have Increased by 84.6% Since 2000

For the period from 2000 to 2017, prices in Bulgaria increased by 84.6%, according to Eurostat data. Bulgaria ranks fourth, while first is Romania with 257%, followed by Hungary - 98%, and Latvia - 86.7%, while EU-wide growth is 36%.

The most expensive goods are cigarettes and alcohol. In Bulgaria, in 2017 they were sold at 408,8% more expensive price than in 2000. A relatively large increase for the period is also reported in the prices for hotel and restaurant services - 122.8%, as well as utilities (water, electricity, natural gas, and rents) - 130.6%. Health care prices rose by 154.7%.

An increase of 214.5% is reported also in the price of education in the country, which gives it the third position after Romania, and the United Kingdom.

Prices in Bulgaria for clothes and shoes increased by 26.7%, furniture - by 13.7%, and cultural events - by 17.4%.

The only sector in the EU that registers a downward trend in the period is telecommunications. Prices of telephone services and devices in the EU have fallen by 22% in 17 years, while in Bulgaria they have registered a growth of 10%.

Petya Petrova

Petya Petrova is a journalist, believer, and traveler.

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