Inflation in Bulgaria

Bulgaria Inflation | Economic News & Forecasts

Bulgaria - Inflation

Inflation at nearly three-year low in May amid lockdown and falling prices for transport

Consumer prices fell 0.3% from the previous month in May, following April’s sharper 0.6% drop. According to the Statistical Institute, May’s fall largely reflected lower prices for transport, and recreation and culture more than offsetting higher prices for furnishings and household equipment.

Meanwhile, inflation slumped to 1.3% from April’s 1.8%, marking the lowest reading since July 2017. Lastly, annual average inflation eased from April’s 3.0% to 2.8% in May.

FocusEconomics Consensus Forecast panelists project inflation to average 2.4% in 2020, which is down 0.3 percentage points from last month’s forecast. For 2021, panelists project inflation to average 2.3%.

Bulgaria - Inflation Data

2015   2016   2017   2018   2019  
Inflation Rate (CPI, annual variation in %)-0.1  -0.8  2.1  2.8  3.1  

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Bulgaria 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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