Bulgaria Inflation September 2019

Bulgaria

Bulgaria: Inflation at almost one-and-a-half-year low in September

October 14, 2019

Consumer prices fell 0.3% from the previous month in September, following August’s 0.1% uptick. According to the Statistical Institute, September’s drop largely reflected lower prices recreations and culture, transport, and restaurants and hotels.

Inflation fell from August’s 2.9% to 2.3% in September, marking the lowest reading since April 2018. Consequently, annual average inflation inched down from August’s 3.2% to 3.1%.

FocusEconomics Consensus Forecast panelists expect inflation to average 2.7% in 2020, which is up 0.1 percentage points from last month’s estimate. For 2021, panelists see inflation averaging 2.8%.


Author: Massimo Bassetti, Economist

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Bulgaria Inflation Chart


Bulgaria Inflation September 2019

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


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