Inflation in Bulgaria
Bulgaria - Inflation
Inflation hits 18-month high in August
Consumer prices rose 0.77% in August over the previous month, matching July's reading. Looking at the details of the release, prices for food and non-alcoholic beverages rose in August, while prices for housing, water, electricity, gas and other fuels grew at a softer pace.
Inflation came in at 3.7% in August, up from July’s 3.0%. August's result marked the highest inflation rate since February 2020. Annual average inflation rose to 1.3% in August (July: 1.1%). Finally, harmonized inflation rose to 2.5% in August, from the previous month's 2.2%.
FocusEconomics Consensus Forecast panelists project inflation to average 2.2% in 2021, which is up 0.1 percentage points from last month’s forecast. For 2022, panelists project inflation to average 2.3%.
Bulgaria - Inflation Data
|Inflation Rate (CPI, annual variation in %)||-0.1||-0.8||2.1||2.8||3.1|
5 years of economic forecasts for more than 30 economic indicators.
Bulgaria Inflation Chart
Source: National Statistical Insitute (NSI) and FocusEconomics calculations
|Bond Yield||0.40||0.0 %||Dec 31|
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September 15, 2021
Consumer prices rose 0.77% in August over the previous month, matching July's reading.
September 10, 2021
Industrial output rose 8.3% year-on-year in July, slowing from June’s 10.5% increase.
September 7, 2021
A second reading confirmed that GDP bounced back in the second quarter, expanding 9.9% and contrasting the 1.8% contraction recorded in the first quarter.
August 17, 2021
According to a flash estimate, GDP rebounded 9.6% year-on-year in the second quarter, contrasting the 1.7% contraction seen in the first quarter.
August 16, 2021
Consumer prices rose 0.77% over the previous month in July, contrasting June's 0.21% drop.