Bulgaria Inflation


Bulgaria: Inflation hits an almost two-year high in May

June 15, 2015

In May, consumer prices fell 0.17% over the previous month, which contrasted April’s 0.68% increase and marked a four-month low. According to the National Statistical Institute, decreases in consumer prices were recorded in food and non-alcoholic beverages as well as in housing and recreation and culture. Conversely, prices of clothing and footwear as well as transport increased.

Inflation rose from 0.5% in April to 0.9% in May, which marked the highest rate since June 2013. As a result, annual average consumer prices fell 0.5%, which was above April’s 0.8% drop.

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 May 2015

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

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