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Atanas Katsarchev: The price increase has started since October last year

We are seeing a creeping, sustainable increase in prices. We will see how much this law will curb them in a few months. The lag in wages is already a fact, said the chief economist of the Consumers' Union "Podkrepa"

Jul 30, 2025 19:08 176

Atanas Katsarchev: The price increase has started since October last year  - 1

We are seeing a creeping, sustainable increase in prices. We will see how much this law will curb them in a few months. The lag in wages is already a fact. This was stated by the chief economist of the Consumers' Union "Podkrepa" Atanas Katsarchev in the program "Denyat na Zievo" on NovaNews, quoted by novini.bg

The price increase has started since October last year. It continued after the New Year, and after March it was less, but it continued, the unionist added.

The data of the State Commission on Commodity Exchanges and Markets is constantly cited, but they are for wholesale prices. In the store, the prices are retail, he specified.

Currently, large retail chains and traders are electronically connected to the National Revenue Agency. Every receipt is visible in real time. That is, there is information, Katsarchev pointed out.

If something is wrong, no one talks about it. This is normal life practice. Clearly, something is wrong in order to extrapolate this topic so much and everywhere. Their prices are rising, we have forgotten about prevention. I don't know where we are going, but laws will not fix things. Whatever laws the National Assembly adopts, this will not stop the system from working. If someone blocks the pressure, it will burst at some point. One way is to update incomes to match this price increase, the other is to cap prices in order to preserve purchasing power. The budget has an interest in high prices, explained the chief economist of the Consumers' Union "Podkrepa".

He admitted that it will be very difficult to negotiate the new incomes. According to him, sustainable policies and strategies are needed. This does not work piecemeal, Atanas Katsarchev also said.

According to him, if the trend of price increases continues, we will enter the eurozone with a minimum wage of 1,200 leva.