Инфлацията в страните от ЕС по време и след пандемията от COVID-19
Inflation in EU Countries During and After the COVID-19 Pandemic

Author(s): Valentin Bilyanski
Subject(s): Politics / Political Sciences, Politics, Economy, National Economy, EU-Accession / EU-DEvelopment, Socio-Economic Research
Published by: Университет за национално и световно стопанство (УНСС)
Keywords: inflation; pandemic; EU
Summary/Abstract: The study examines inflation developments during and after the COVID-19 pandemic. Along with the pandemic, other reasons for the price dynamics during this period are also considered. The report investigates the different dynamics of inflation in the EU countries, with an emphasis on Bulgaria. The research methodology includes an analysis of both general inflation and inflation by individual product groups. The contribution of these groups to general inflation is also examined. The analysis shows that during the COVID-19 pandemic, inflation, the most intense in the last few decades, has characteristics that significantly distinguish it from previous crisis periods when we witnessed high inflation levels. Inflationary processes take place in quite different ways in different countries and in particular in the EU. During the pandemic, the inflation differential between the member states widened, with the countries of Central and Eastern Europe registering a significantly greater increase in prices. This is mainly observed in food and utilities, but also to a significant extent in services such as health care, education and hotels and restaurants.

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