242 837% Inflation for 11 Years*

10 Years Ago | May 10, 2011, Tuesday // 04:20|  views

From Novinite.com (Sofia News Agency)

May 10, 2001

242 837% is the total accumultated inflation for the past 11 years in Bulgaria, national statistics stated.

Experts said that after the fall of comunism life became 2428 times more expensive.

Bulgaria suffered several periods of hyperinflation during, and one currency denomination.

Inflation for the first 4 months of 2001 is estimated at 0,8%.

*As Novinite.com (Sofia News Agency) became 10 years old on Friday, March 11, 2011, we are reprinting selected articles from our archives that we published on the respective day exactly 10 years ago.

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Tags: inflation, hyperinflation, inflation rate


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