Bulgaria Inflation


Bulgaria: Inflation decelerates in June

July 31, 2015

In June, consumer prices fell 0.9% over the previous month, which was below May’s 0.2% decrease and marked a three-year low. According to the National Statistical Institute, decreases in consumer prices were recorded in food and non-alcoholic beverages as well as in clothing and footwear. Conversely, prices of alcoholic beverages and tobacco as well as restaurants and hotels increased.

Inflation fell from 0.9% in May to 0.4% in June, which marked the lowest reading in three months. Despite the deceleration, annual average consumer prices inched up from a 0.5% fall in May to a 0.3% drop in June.

FocusEconomics Consensus Forecast participants see inflation at 0.2% in 2015, which is unchanged from last month’s forecast. In 2016, panelists expect inflation to be 1.5%.

Author:, Economist

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Bulgaria Inflation Chart

Bulgaria Inflation June 2015

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

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