Bulgaria's consumer prices dropped 0.6 percent from a year earlier in January 2021, the first decline since November 2016, due to lower cost for food and non-alcoholic beverages (-0.4 percent vs 1.9 percent in December), transport (-8.3 percent vs -9.4 percent), and miscellaneous goods and services (-0.3 percent vs 1.3 percent). At the same time, smaller price increases were seen for housing and utilities (0.3 percent vs 0.9 percent), health (1.5 percent vs 1.8 percent), and restaurants and hotels (2.8 percent vs 3.1 percent). On a monthly comparison basis, consumer prices rose 0.2 percent in January, after adding 0.5 percent in December. source: National Statistical Institute, Bulgaria
Inflation Rate in Bulgaria averaged 59.46 percent from 1996 until 2021, reaching an all time high of 2019.50 percent in March of 1997 and a record low of -2.60 percent in February of 2014. This page provides the latest reported value for - Bulgaria Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Bulgaria Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on March of 2021.
Inflation Rate in Bulgaria is expected to be 0.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Bulgaria to stand at 1.20 in 12 months time. In the long-term, the Bulgaria Inflation Rate is projected to trend around 1.70 percent in 2022, according to our econometric models.