Bulgaria Inflation October 2018


Bulgaria: Consumer prices rise in October

November 14, 2018

Consumer prices rose 0.7% over the previous month, following a 0.3% month-on-month increase in September. According to the Statistical Institute, higher clothing and footwear prices—amid the start of the new season—drove the acceleration from a month earlier.

Inflation ticked up to 3.7% in October, the highest reading since January 2013 and up from 3.6% in September. This sent annual average inflation up to 2.8%, from 2.7% a month earlier.

Bulgaria Inflation Forecast

FocusEconomics Consensus Forecast panelists expect inflation to end next year at 2.8%, which is unchanged from last month’s estimate. For 2020, panelists also see inflation ending the year at 2.8%.


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Bulgaria Inflation Chart

Bulgaria Inflation October 2018

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

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