Inflation in Bulgaria
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
|Inflation Rate (HICP, annual variation in %)||-1.1||-1.3||1.2||2.6||2.5|
5 years of economic forecasts for more than 30 economic indicators.
Bulgaria Harmonized Inflation Chart
Source: National Statistical Insitute (NSI) and FocusEconomics calculations
|Bond Yield||0.40||0.0 %||Dec 31|
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November 15, 2022
Inflation dropped to 17.6% in October below September’s 18.7%.
November 10, 2022
Industrial output expanded 11.0% compared to the same month a year earlier in September, which followed August's 18.4% increase.
October 18, 2022
Inflation came in at 18.7% in September, up from August’s 17.7%.
October 10, 2022
Industrial output grew 18.4% year on year in August (July: +16.1% yoy).
September 15, 2022
Inflation came in at 17.7% in August, which was up from July’s 17.3%.