Bulgaria Inflation

Bulgaria

Bulgaria: Drop in consumer prices moderates in February

March 13, 2015

In February, consumer prices rose 0.18% over the previous month, which contrasted January’s 0.38% fall. According to the National Statistical Institute, increases in consumer prices were recorded in health, communications and education, as well as in food and non-alcoholic beverages.

Consumer prices fell 0.5% year-on-year in February (January: -1.0% yoy). February’s figure marked the 19th consecutive drop in consumer prices. Annual average consumer prices fell 1.1%, which was slightly less than January’s 1.3% drop.

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 1.7%.


Author: Angela Bouzanis, Senior Economist

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Bulgaria Inflation Chart


Bulgaria Inflation February 2015 1

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


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