In April, Bulgaria’s inflation rate reached 2.8% YoY, marking an increase of 0.3% compared to the same month in 2024, when it was 2.5%, according to Eurostat. This development comes as the country anticipates a positive convergence report on June 4, a critical step toward adopting the euro on January 1, 2026.
According to Finance Minister Temenuzhka Petkova, the European Commission has assessed Bulgaria’s public finances as stable and sustainable, a positive signal for the eurozone entry.
Across the eurozone, the annual inflation rate in April stood at 2.2%, unchanged from March but slightly down from 2.4% a year earlier. The European Union saw its inflation rate decrease to 2.4% in April, compared to 2.5% in March and 2.6% in April 2024, Eurostat data showed.
The countries with the lowest annual inflation rates in April were France (0.9%), Cyprus (1.4%) and Denmark (1.5%), while the highest rates were recorded in Romania (4.9%), Estonia (4.4%) and Hungary (4.2%). Compared to March, annual inflation dropped in thirteen EU member states, remained stable in three and rose in eleven. (Novinite)