Bulgaria Inflation September 2021


Bulgaria: Inflation hits highest level in nine years in September

October 18, 2021

Consumer prices rose 0.40% in September over the previous month, coming in below the 0.77% increase recorded in August. September's result marked the softest rise in prices since June. Looking at the details of the release, the change in the prices for transport fell sharply. In contrast, prices for housing, water, electricity, gas and other fuels increased.

Inflation came in at 4.8% in September, up from August’s 3.7%. September's reading was the highest inflation rate since September 2012. Annual average inflation rose to 1.7% in September (August: 1.3%). Lastly, harmonized inflation rose to 4.0% in September, from the previous month's 2.5%.

FocusEconomics Consensus Forecast panelists project inflation to average 2.3% in 2021, which is up 0.1 percentage points from last month’s forecast. For 2022, panelists project inflation to average 2.4%.


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Bulgaria Inflation Chart

Bulgaria Inflation September 2021

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

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