Bulgaria Inflation June 2018

Bulgaria

Bulgaria: Inflation hits over five-year high in June

July 16, 2018

Consumer prices rose 0.1% on a month-on-month basis in June, easing from May’s 0.3% rise. According to the Statistical Institute, the downtick was driven by lower food prices. Fuel costs, on the other hand, continued their rapid ascent.

Meanwhile, inflation jumped from 2.6% in May to 3.2%, the strongest reading in over five years. Moreover. annual average inflation ticked up to 2.2% from 2.1%.

Bulgaria Inflation Forecast


FocusEconomics Consensus Forecast panelists expect inflation to end the year at 2.5%, which is up 0.1 percentage points from last month’s estimate. For 2019, panelists expect inflation to end the year at 2.7%.


Author:, Economist

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Bulgaria Inflation Chart


Bulgaria Inflation June 2018

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


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