PAs of 2023, grocery prices have risen by 21%. A minimum of BGN 2,616 per month is needed for a family with one child. Spending jumped 4.3%. The subject was commented on by the deputy director of the Institute for Social and Trade Union Studies at KNSB Violeta Ivanova.
She explained that currently approx 1 million people in our country they cannot reach a living wage, and last year there were 1.7 million people. The expert added that in 2023 this will be 67% of the working population, and this year – 65%.
The data show that BGN 113 is needed for 20 vital goods, Ivanova pointed out.
“In Spain, with one minimum wage (MW),
these products can be bought 26 times, in Romania – 15 times, and in Bulgaria – 8.2 times,” she added.
Ivanova also said that according to the directive for an adequate minimum wage, which must be transposed by November 15 in the country, the remuneration must be equal to the living wage, which is BGN 1,616 for one person. “Then we won’t be talking about the working poor,” the expert said.
Ivanova explained that in 2023, the prices of food products jumped by 21%. There is currently a hold.
“When we talk about the small consumer basket
has grown by 4%, this is against the background of already increased prices, and therefore it cannot be felt that inflation has been overcome,” the specialist added.
The economist from the Institute for Economic Research at the BAS also commented on the topic Garabed Minasyan and the former social minister Christina Hristova.
Hristova thinks, that the data of the Central Bank of Ukraine show a calming of the inflationary process. She emphasized that the International Labor Organization has adopted the so-called “living wage” which will lead to a great deal of discussion.
According to Prof. Minasyan the incomes of other European countries and Bulgaria are different, and with entry into the Eurozone, these differences will be felt more drastically. He emphasized that labor costs in Bulgaria are growing rapidly, while productivity remains low.
SafeNews recalls that yesterday KNSB BGN 1454 is the necessary daily amount for one worker. BGN 2,616 is the value for a three-person household with two workers and a child up to the age of 18. The data was presented by the president of the Central Bank of Ukraine Plamen Dimitrov.
In one year, the amount needed to support a household has increased by 4.5%, and the growth for the first quarter of this year is 1%.
Source: New TV
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