Bulgaria Inflation June 2019

Bulgaria

Bulgaria: Inflation at six-month low in June

July 15, 2019

Consumer prices fell 0.6% from the previous month in June, contrasting May’s 0.1% uptick. According to the Statistical Institute, June’s drop largely reflected lower prices for food and non-alcoholic beverages, and clothing and footwear.

Inflation fell to 2.8% in June from 3.5% in May, marking a six-month low. Meanwhile, annual average inflation inched down to 3.3% in June from 3.4% in the prior month.

FocusEconomics Consensus Forecast panelists expect inflation to average 2.8% in 2019, which is unchanged from last month’s estimate. For 2020, panelists see inflation averaging 2.6%.


Author: Massimo Bassetti, Economist

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Bulgaria Inflation June 2019

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


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