A big building in Bulgaria

Bulgaria Inflation

Bulgaria Inflation

Inflation in Bulgaria

Consumer price inflation in Bulgaria averaged 2.7% in the ten years up to 2022, below the Eastern Europe regional average of 7.7%. The 2022 average figure was 15.3%. For more inflation information, visit our dedicated page.

Bulgaria Inflation Chart

Note: This chart displays Inflation Rate (CPI, annual variation in %) for Bulgaria from 2014 to 2023.
Source: National Statistical Institute, Bulgaria.

Bulgaria Inflation Data

2018 2019 2020 2021 2022
Inflation (CPI, ann. var. %, aop) 2.8 3.1 1.7 3.3 15.3
Inflation (CPI, ann. var. %, eop) 2.7 3.8 0.1 7.8 16.9
Inflation (PPI, ann. var. %, aop) 4.0 3.1 -1.9 15.3 37.8

Inflation falls to lowest level since May 2022 in January

Consensus Forecasts and Projections for the next ten years

How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Bulgarian inflation projections for the next ten years from a panel of 16 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable inflation forecast available for Bulgarian inflation.

Download one of our sample reports to visualize what a Consensus Forecast is and see our Bulgarian inflation projections.

Want to get access to the full dataset of Bulgarian inflation forecasts? Send an email to info@focus-economics.com.

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