Bulgaria: Inflation hits 18-month high in August
September 15, 2021
Consumer prices rose 0.77% in August over the previous month, matching July's reading. Looking at the details of the release, prices for food and non-alcoholic beverages rose in August, while prices for housing, water, electricity, gas and other fuels grew at a softer pace.
Inflation came in at 3.7% in August, up from July’s 3.0%. August's result marked the highest inflation rate since February 2020. Annual average inflation rose to 1.3% in August (July: 1.1%). Finally, harmonized inflation rose to 2.5% in August, from the previous month's 2.2%.