prices

The transition from a currency board to a conventional monetary policy (the euro, for example) will, all other things being equal, contribute to an increase in the inflation rate in Bulgaria. Not only an initial change in prices as a result of rounding can be expected, but also a permanently accelerated inflation due to the change in the monetary regime. In all countries, …

Author: Georgi Vassilev, attorney at law firm "Benov, Vassilev and Natskov" "Builders stop selling greenfield properties", "Because of the jump in prices, greenfield property deals are stopped", "Shock for the property market! Greenfield deals are stopped" - these and other similar headlines have abounded in the media space over the past few months. The reason for …

EKIP: Dear readers, we present to your attention an extremely valuable analysis of the "Theory of the Optimal Currency Area" and Italy's experience in introducing the euro. There are many useful things that can be learned from the experience of other countries in joining the eurozone, from which Bulgaria should learn a lesson. On …

Source: NSI Comment: In July, consumer price inflation accelerated slightly to 2.93% on an annual basis, from 2.83% in the previous month, according to the latest NSI data. Despite the slight acceleration, inflation remains below the 3% level it has been at over the past year, and June and July are the first two consecutive months …

Source: NSI Comment: In June, consumer price inflation slowed significantly to 2.83% year-on-year from 3.51% in May, according to the latest NSI data. This is the lowest inflation rate recorded since the beginning of the year. Inflation slowed in both food and non-food goods, as well as …

Source: NSI Comment: In May, consumer price inflation slowed slightly to 3.51% year-on-year from 3.68% in April, according to the latest NSI data. There is no change in which types of goods are experiencing the highest price increases – food and beverages continue to be at the top …

Source: NSI Comment: In April, consumer price inflation slightly accelerated and reached 3.68% on an annual basis, compared to 3.60% in March, according to the most recent NSI data. For the second consecutive month, the most serious growth was reported by food and beverage prices – 5.76%, compared to 5.61% in March. Meanwhile, …

Source: NSI Comment: In March, consumer price inflation continued to accelerate and reached 3.60% on an annual basis, compared to 3.22% in February, according to the latest NSI data. The most serious growth is already being reported in the prices of food products and non-alcoholic beverages, which reach 5.61%, while prices for entertainment …

Continued from Part I Continuing our discussion of the denial of personal freedom, we will examine how shifting responsibility to poorly functioning institutions pre-emptively limits our economic freedom. 2) The government and its ministries, agencies, and supporting institutions must ensure that every individual dream and …

Wherever we turn, deflation is always portrayed negatively, and every author is quick to present the fight against deflation as the absolute minimum for economic competence. There are two definitions of deflation: one is a “fall in the price level,” as measured by the so-called Consumer Price Index; a definition common to mainstream economists. …