Bulgaria Inflation


Bulgaria: Consumer prices decrease annually in July

August 12, 2015

In July, consumer prices fell 0.2% over the previous month, which was above June’s 0.9% decrease and marked a three-month high. According to the National Statistical Institute, decreases in consumer prices were recorded in food and non-alcoholic beverages as well as in clothing and footwear. Conversely, prices of alcoholic beverages and tobacco as well as restaurants and hotels increased.

Consumer prices decreased by 0.2% annually, contrasting the 0.4% increase tallied in June and marking a five-month low. Despite the decrease, annual average consumer prices remained stable at June’s 0.3% drop.

FocusEconomics Consensus Forecast participants see inflation at 0.2% in 2015, which is unchanged from last month’s forecast. In 2016, panelists expect inflation to be 1.5%.

Author:, Economist

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