Bulgaria Inflation December 2015

Bulgaria

Bulgaria: Consumer prices fall at stable annual rate in December

January 14, 2016

In December, consumer prices recorded zero growth over the previous month, which followed November’s 0.1% decrease. According to the National Statistical Institute, the result mainly came on the back of an increase in prices of recreation and culture, which offset a decrease in prices of clothing and footwear.

Consumer prices fell 0.4% annually in December, which mirrored November’s result. Meanwhile, annual average consumer prices inched from November’s 0.2% fall to a 0.1% decrease in December, which marked the highest reading in almost two years.

FocusEconomics Consensus Forecast participants see inflation at 0.5% in 2016, which is down 0.1 percentage points from last month’s forecast. In 2017, panelists expect inflation to be 1.5%.


Author:, Economist

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Bulgaria Inflation Chart


Bulgaria Inflation December 2015

Note: Year-on-year and month-on-month variation of consumer price index in %.
Source: National Statistical Institute (NSI).


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