Bulgaria Inflation May 2019

Bulgaria

Bulgaria: Inflation edges down from six-month high in May

June 14, 2019

Consumer prices rose a soft 0.1% from the previous month in May, following April’s 0.5% increase. According to the Statistical Institute, May’s outturn largely reflected higher prices for food and non-alcoholic beverages, and transport.

Inflation edged down to 3.5% in May from 3.7% in April, which had marked a six-month high. Meanwhile, annual average inflation ticked up to 3.4% in May from 3.3% 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:, Economist

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Bulgaria Inflation May 2019

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


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