Bulgaria Inflation June 2021


Bulgaria: Inflation comes in at highest level since March 2020 in June

July 14, 2021

Consumer prices dropped 0.21% in June over the previous month, swinging from the 0.14% rise seen in May. June's result marked the sharpest fall in prices since September 2020. The result was largely driven by plunging prices for food and non-alcoholic beverages.

Inflation edged up to 2.7% in June, above May’s 2.5%. June's result represented the highest inflation rate since March 2020. Annual average inflation rose to 1.0% in June (May: 0.9%). Lastly, harmonized inflation rose to 2.4% in June, from May’s 2.3%.

FocusEconomics Consensus Forecast panelists project inflation to average 2.1% in 2021, which is unchanged from last month’s forecast. For 2022, panelists project inflation to average 2.3%.


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Bulgaria Inflation Chart

Bulgaria Inflation June 2021 0

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

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