Inflation in Bulgaria

Bulgaria Harmonized Inflation | Economic News & Forecasts

Bulgaria - Harmonized Inflation

Inflation drops to lowest level since July in October

Inflation dropped to 17.6% in October below September’s 18.7%. October's result represented the lowest inflation rate since July. The reading was driven by moderating price pressures for housing, water, electricity, gas and other fuels and transportation.

Annual average inflation rose to 13.8% in October (September: 12.8%). Meanwhile, harmonized inflation fell to 14.8% in October, from September’s 15.6%.

Finally, consumer prices increased 0.87% in October over the previous month, which was below the 1.23% increase logged in September. October's result marked the softest rise in prices since September 2021.

FocusEconomics panelists project inflation to average 8.5% in 2023, which is unchanged from last month’s forecast, and 3.9% in 2024.

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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