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RECENT NEWS
The Average Salary in March 2013
Date: 13-May-2013
During the first quarter of 2013 the average salary has decreased by 3.1% to 778 BGN as compared to the fourth quarter of 2012, according to preliminary NSI data.
Inflation and consumer price indices in March 2013
Date: 15-April-2013
The consumer price index in March 2013 compared to February 2013 was 99.5%, i.e. the monthly inflation was -0.5%.
Quarterly Labour Cost Index, Fourth Quarter of 2012
Date: 15-April-2013
Preliminary data of NSI for the Fourth Quarter of 2012 indicated that the total hourly labour cost rose by 5.1% compared to the Fourth Quarter of 2011.
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.
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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