Inflation in Bulgaria
Bulgaria - Inflation
Inflation comes in at highest level since January 2009 in October
Consumer prices increased 1.82% in October over the previous month, accelerating from the 0.40% rise recorded in September. October's uptick was the sharpest increase in prices since August 2007. The result was driven by rising prices for food and non-alcoholic beverages, and housing and utilities.
Inflation came in at 6.0% in October, up from September’s 4.8%. October's reading marked the highest inflation rate since January 2009. Meanwhile, the trend pointed up, with annual average inflation coming in at 2.1% in October (September: 1.7%). Lastly, harmonized inflation rose to 5.2% in October, from September’s 4.0%.
FocusEconomics Consensus Forecast panelists project inflation to average 2.7% in 2022, which is up 0.3 percentage points from last month’s forecast. For 2023, panelists project inflation to average 2.4%.
Bulgaria - Inflation Data
|Inflation Rate (CPI, annual variation in %)||-0.1||-0.8||2.1||2.8||3.1|
5 years of economic forecasts for more than 30 economic indicators.
Bulgaria Inflation Chart
Source: National Statistical Insitute (NSI) and FocusEconomics calculations
|Bond Yield||0.40||0.0 %||Dec 31|
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November 15, 2021
Consumer prices increased 1.82% in October over the previous month, accelerating from the 0.40% rise recorded in September.
November 10, 2021
Industrial output rose 10.5% compared to the same month of the previous year in September, which was a marginal deterioration from August's 10.6% increase.
October 18, 2021
Consumer prices rose 0.40% in September over the previous month, coming in below the 0.77% increase recorded in August.
October 8, 2021
Industrial output increased 10.8% compared to the same month of the previous year in August, which was above July's 8.6% increase.
September 15, 2021
Consumer prices rose 0.77% in August over the previous month, matching July's reading.