In May, consumer prices fell 0.1% over the previous month, which contrasted the 0.2% increase recorded in April. The monthly reading reflected lower prices for housing and utilities as well as for transport, which were only partially offset by higher food prices. Despite the monthly drop, annual inflation remained steady at 1.7% for a third consecutive month, which marks the lowest level since June 2010, but overshot market expectations that had inflation inching down to 1.6%. Meanwhile, annual average inflation moderated from 3.2% in April to 2.9% in May.
Inflation remains steady in May
June 12, 2012
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Bulgaria Inflation Chart
Note: Year-on-year and month-on-month variation of consumer price index in %.
Source: National Statistical Institute (NSI).
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.