Thursday, 13 November 2008

Proving a Point

If you live here these stastics are lies..... more like 30%...

clipped from

Bulgaria inflation 11.2 percent in October

SOFIA, Bulgaria (AP) — Bulgaria's annual inflation rate slowed to 11.2 percent in October, down from 11.4 percent in September, reflecting the drop in global oil prices, the government said Wednesday.

Bulgaria has one of the highest inflation rates in the European Union, which it joined in 2007. Last year, annual inflation reached 12.5 percent.

The government aims to reduce inflation this year and foresees it to drop below 6 percent in 2009 due to lower than expected economic growth, foreign investments and domestic consumption as a result of the global financial crisis.

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