Economists from the Bulgarian Academy of Sciences expect stagflation until 2028

In the next 2 years, stagflation is expected for the Bulgarian economy. This means slow economic growth and persistently rising prices (inflation). This is stated in the regular annual report: "Economic Development and Policies in Bulgaria: Assessments and Expectations" of the Institute for Economic Research at the Bulgarian Academy of Sciences (BAS). It presents estimates for economic development until 2028.

According to scientists, the baseline outlook remains relatively favourable, but with significantly higher external uncertainty. A certain weakening of growth is expected - in 2026, real GDP will grow by 1.6%, in 2027 - by 2.5%, and in 2028 - by 3.5%. Inflation will decline, but slowly - 3.7% this year, 2.9% in 2027 and 2.4% in 2028.

Editor: Ivo Ivanov