Bulgaria Inflation


Consumer prices mark the fifth consecutive drop

In December, consumer prices rose 0.30% over the previous month, which contrasted the 0.20% fall recorded in November. According to the National Statistical Institute, the figure was driven mainly by higher prices for health and transport as well as for recreation and culture.

Consumer prices fell 1.6% over the same month of the previous year. The result was down from the 1.5% decrease recorded in November and marked the fifth consecutive drop in consumer prices. Annual average inflation edged down from 1.4% in November to 0.9% in December.

Consensus Forecast participants see inflation ending 2014 at 2.5%, which is unchanged from last month's forecast. In 2015, panelists expect inflation to be 2.9%.

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Bulgaria Inflation Chart

Bulgaria Inflation December 2013

Note: Year-on-year and month-on-month variation of consumer price index in %.
Source: National Statistical Institute (NSI).

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