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RECENT NEWS
Quarterly Labour Cost Index, Third Quarter of 2011
Date: 20-January-2012
Preliminary data of NSI for the Third Quarter of 2011 indicated that the total hourly labour cost rose by 7.2% compared to the Third Quarter of 2010.
Inflation and Consumer Price Indices in December 2011
Date: 16-January-2012
National Statistical Institute data reports that the consumer price index (CPI) in December 2011 compared to November 2011 was 100.1%, i.e. the monthly inflation was 0.1%.
10.4% unemployed in December 2011
Date: 13-January-2012
According to the National Employment Agency, the unemployment in December increased.
NSI reports annual inflation of 4,5%
Date: 14-November-2011
The consumer price index (CPI) in October 2011 to September 2011 was 100.8%, ie Monthly inflation was 0.8%.
A New Rise of the Minimum Salary according to the Project Budget 2007
Date: 14-November-2006

On Monday, November 13th, a 4-hour meeting of the government coalition’s council was held. It was dedicated to the Budget 2007 project. The meeting decided that the minimum salary rise to 180 BGN next year. According to the initial budget project it was set at 170 BGN. A greater increase was supported by both Labour and Social Policy Minister Emilia Maslarova and the right-wing opposition. The right lobby demanded the minimum salary to reach 200 BGN, so that it would equal the tax exempt income for 2007 (according to the newly accepted by the Parliament Law for Taxation of the Income of Physical Persons). At present the minimum salary in Bulgaria amounts to 160 BGN. With the new amendment of the project budget its increase will be of 12, 5%.


Quote: www.mediapool.bg, Tanya Petkova
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