Officials insist the aim is not direct price regulation but greater transparency and stronger enforcement against unfair practices

SOFIA – Less six months after adopting the EU’s single currency, Bulgaria finds itself with the eurozone’s highest inflation rate – and a new government trying to prove it can tame food costs without imposing price controls.

Bulgaria adopted on 1 January 2026, fears of soaring prices have only intensified as inflation had accelerated, putting Bulgaria’s Prime Minister Rumen Rade under direct pressure as he took office with a clear mandate: do something about food prices.

The country’s annual consumer price index reached 6.8% in April, accelerating sharply from 4.1% a month earlier – the highest year-on-year figure since August 2023 among eurozone member.

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