Bulgaria: Inflation at nearly three-year low in May amid lockdown and falling prices for transport
June 15, 2020
Consumer prices fell 0.3% from the previous month in May, following April’s sharper 0.6% drop. According to the Statistical Institute, May’s fall largely reflected lower prices for transport, and recreation and culture more than offsetting higher prices for furnishings and household equipment.
Meanwhile, inflation slumped to 1.3% from April’s 1.8%, marking the lowest reading since July 2017. Lastly, annual average inflation eased from April’s 3.0% to 2.8% in May.