Inflation Erodes Gains as Bulgarians Afford Only Two-Thirds of What Europeans Buy
Bulgarians’ purchasing power has improved over the past decade, but it still lags significantly behind the European average, according to Eurostat data. While incomes in the country have grown, they have failed to keep pace with the sharp rise in prices. As a result, Bulgarians can afford only about two-thirds of what the average European can buy.
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