Inflation in Bulgaria

Bulgaria Harmonized Inflation | Economic News & Forecasts

Bulgaria - Harmonized Inflation

Inflation comes in at highest level since January 2009 in October

Consumer prices increased 1.82% in October over the previous month, accelerating from the 0.40% rise recorded in September. October's uptick was the sharpest increase in prices since August 2007. The result was driven by rising prices for food and non-alcoholic beverages, and housing and utilities.

Inflation came in at 6.0% in October, up from September’s 4.8%. October's reading marked the highest inflation rate since January 2009. Meanwhile, the trend pointed up, with annual average inflation coming in at 2.1% in October (September: 1.7%). Lastly, harmonized inflation rose to 5.2% in October, from September’s 4.0%.

FocusEconomics Consensus Forecast panelists project inflation to average 2.7% in 2022, which is up 0.3 percentage points from last month’s forecast. For 2023, panelists project inflation to average 2.4%.

Bulgaria - Harmonized Inflation Data

2015   2016   2017   2018   2019  
Inflation Rate (HICP, annual variation in %)-1.1  -1.3  1.2  2.6  2.5  

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Bulgaria Harmonized Inflation Chart

Bulgaria Inflation
Note: Annual variation of consumer price index (CPI) in %.
Source: National Statistical Insitute (NSI) and FocusEconomics calculations

Bulgaria Facts

Value Change Date
Bond Yield0.400.0 %Dec 31

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