2024 Author: Jasmine Walkman | [email protected]. Last modified: 2023-12-16 08:29
The expenditures for food of households in our country are less than those for non-food goods. This shows the analysis of specialists for the past 2015.
According to the January data of the National Statistical Institute for Inflation in Bulgaria, no annual change in prices in Bulgaria has been reported.
Expenditures for non-food products in Bulgaria amounted to 34.1% last year. Those for foodstuffs are slightly less - 33.6%. In theory, this means that the Bulgarian has improved his quality of life.
After paying his bills for physical survival, ie. - buy enough food to meet his needs, he has money left for other goods, it means that the standard of living has risen.
So far, the cost of non-food items has been quite low. In the last year, however, the nation has apparently prospered after allowing itself to spend more money on other benefits and services.
The data are for the period from October 2014 to October 2015. They definitely show positive progress in terms of the quality of life of the people in the country, based on the cost structure of Bulgarian households. This brings us one step closer to the European standard of living, experts say.
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