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The Food and Agriculture Organization (FAO) Food Price Index 1961–2021 in nominal and real terms. The Real Price Index is the Nominal Price Index deflated by the World Bank Manufactures Unit Value Index (MUV). Years 2014–2016 is 100. Food prices refer to the average price level for food across countries, regions and on a global scale. [1]
Western firms expressed interest in joint agricultural ventures in Bulgaria, but hesitated because of uncertainty about political and legal conditions for such projects. A new round of government pricefixing in February 1991, substantially raised food prices but did restore supplies of some items.
Despite having a lower increase in prices than average for the European Union, prices have still risen for food items such as olive oil (20%), butter (17%), meat (3–6%), and bread (2%). Slovenes frequently made comparisons to Italy, where prices were much lower. [76] Several small scale [1] boycotts commenced, lasting until 9 February. [77]
[5] [6] Bulgarian food often incorporates salads as appetizers and is also noted for the prominence of dairy products, wines, and other alcoholic drinks such as rakia. The cuisine also features a variety of soups , such as the cold soup tarator , and pastries, such as the filo dough -based banitsa , pita , and the various types of börek .
Bulgaria relies on imported oil and natural gas (most of which comes from Russia), together with domestic generation of electricity from coal-powered and hydro plants, and the Kozloduy nuclear plant. Bulgaria imports 97% of its natural gas from Russia. [72] The economy remains energy-intensive because conservation practices have developed slowly.
The concept of supermarkets (and later hypermarkets) came to Bulgaria after 1989 and most supermarkets are made up of joint ventures between Bulgarian and foreign investors. Since 2000, there has been a strong growth in the number of supermarkets in the country, particularly in Sofia and other main urban areas. [ 1 ]
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Bulgaria, [a] officially the Republic of Bulgaria, [b] is a country in Southeast Europe. It is situated on the eastern portion of the Balkans directly south of the Danube river and west of the Black Sea. Bulgaria is bordered by Greece and Turkey to the south, Serbia and North Macedonia to the west, and Romania to the north.