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Bulgaria Inflation June 2018

Bulgaria: Inflation hits over five-year high in June

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

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