Bulgaria Inflation August 2018

Bulgaria

Bulgaria: Inflation steady at five-and-a-half year high in August

September 13, 2018

Consumer prices rose 0.1% over the previous month in August, following a 0.7% month-on-month increase in July. According to the Statistical Institute, food prices were flat from a month earlier while the rise in transport prices moderated from July.

Inflation was stable from July at 3.5%, again the highest reading in five-and-a-half years. Meanwhile, annual average inflation ticked up to 2.6% from 2.4%.

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


Author:, Economist

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Bulgaria Inflation Chart


Bulgaria Inflation August 2018

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


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