In April, consumer prices rose 0.23% over the previous month, which was less than half the 0.56% increase recorded in March and represented the smallest monthly increase since August 2010. The monthly rise reflected higher prices for food and non-alcoholic beverages (+0.7% month-on-month), which were partially offset by lower prices for transport (-1.3% mom). Owing to the moderate price increase, which was well below the 1.13% spike recorded in April 2010, annual inflation dropped from 5.6% in March to 4.6% in April. Despite the subdued price rise, the Central Bank raised interest rates at its latest policy meeting on 29 April, lifting the base rate from the previous 0.19% to 0.21%. Annual average inflation rose from 3.5% in March to 3.7% in April, the highest level since November 2009. The government expects inflation to average 3.7% this year.
Inflation eases in April
May 12, 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.