Bulgaria Inflation April 2017

Bulgaria

Bulgaria: Inflation accelerates in April on higher non-food prices

May 15, 2017

Consumer prices in Bulgaria increased 0.7% from the previous month in April, contrasting last month’s 0.5% decrease. According to the National Statistical Institute, the rise in prices was broad-based as 8 out of 12 categories that make up the index registered an increase in April. Clothing and footwear, and recreation and culture registered the greatest increase in prices.

On an annual basis, inflation came in at 2.6% in April (March: 1.9%), which marked the highest reading since June 2013. The annual average variation in consumer prices swung from minus 0.2% in March to plus 0.2% in April.

FocusEconomics Consensus Forecast participants expect consumer prices to increase by 1.4% in 2017, which is up 0.1 percentage point from last month’s forecast. In 2018, panelists expect inflation of 2.0%, which is down 0.1 percentage points from last month´s forecast.


Author:, Economist

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Bulgaria Inflation April 2017 0

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


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