Bulgaria Inflation

Bulgaria

Bulgaria: Consumer prices fall in October

November 12, 2015

In October, consumer prices rose 0.2% over the previous month, which contrasted September’s 0.1% decrease and marked a six-month high. According to the National Statistical Institute, the result mainly came on the back of an increase in prices of clothing and footwear, which more than offset a decrease in prices of transport.

Consumer prices fell 0.6% annually in October, which contrasted the 0.1% increase tallied in September and marked a nine-month low. Annual average consumer prices remained stable at September’s 0.2% fall in October.

FocusEconomics Consensus Forecast participants see inflation at 0.5% in 2015, which is down 0.1 percentage points from last month’s forecast. In 2016, panelists expect inflation to be 1.5%, which is also unchanged from last month’s forecast.


Author:, Economist

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