In May, consumer prices remained virtually unchanged over the previous month (-0.04% month-on-month), which followed the 0.23% increase recorded in April. The monthly reading reflected lower prices for food and non-alcoholic beverages (-0.51% mom) as well as alcoholic beverages and tobacco (-0.21% mom), which offset higher prices for transport (+1.64% mom). Despite the subdued monthly reading, annual inflation accelerated from 4.6% in April to 4.8% in May, after decelerating sharply in April. The reading undershot market expectations, which had inflation rising to 5.1%. Annual average inflation rose from 3.7% in April to 4.0% in May, the highest level since November 2009. The government expects inflation to average 3.6% this year.
Inflation accelerates in May
June 14, 2011
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Bulgaria Economic News
October 12, 2016
In September, consumer prices decreased 0.5% from the previous month, which followed the 0.1% decline recorded in August.
October 7, 2016
In August, industrial production grew 2.6% from the same month last year in working-day adjusted terms, accelerating from July’s 2.3% increase.
September 13, 2016
In August, consumer prices decreased 0.1% over the previous month, which contrasted the sharp 1.0% increase recorded in July.
September 5, 2016
Revised data released on 5 September confirmed that the economy expanded 3.0% over the same period last year in Q2.
August 12, 2016
In the second quarter, the economy expanded 3.0% over the same period last year, according to preliminary data released on 12 August.