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Bulgaria Inflation December 2022

Bulgaria: Inflation holds steady in December

Inflation was stable at November’s 16.9% in December. This figure represented the lowest inflation rate since June. Looking at the details of the release, prices for food and non-alcoholic beverages increased at a more moderate pace in December, offsetting stronger price growth for housing, water, electricity, gas and other fuels.

Nevertheless, annual average inflation rose to 15.3% in December (November: 14.6%). Meanwhile, harmonized inflation was stable, coming in at November’s 14.3% in December.

Finally, consumer prices increased 0.91% over the previous month in December, following November’s 0.76% rise.

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