State Commission on Commodity Exchanges

Forecast: Basic Food Prices in Bulgaria will Rise by Another 7% by the End of the Year

Basic food is expected to rise by another 7% by the end of the year. This is predicted by the chairman of the State Commission on Commodity Exchanges and Markets Vladimir Ivanov. However, despite the high prices of electricity and natural gas, there will be no sharp jump. The reasons are the competitive market and shrinking consumption.