Bulgaria's consumer price inflation rate slowed to 1.3 percent year-on-year in May 2020, the lowest level since July 2017, amid the coronavirus crisis. Prices rose at a softer rate for food and non-alcoholic beverages (6.4 percent vs 6.6 percent in April), housing, water, electricity, gas and other fuels (0.2 percent vs 0.3 percent), and restaurants and hotels (5.6 percent vs 5.9 percent). At the same time, prices fell for transport (-12.6 percent vs -9.4 percent) and recreation and culture (-0.4 percent vs 1.9 percent). Health cost, on the other hand, increased at a faster 3.5 percent, compared to 3.1 percent in April. On a monthly basis, consumer prices dropped 0.3 percent in May, after a 0.6 percent decline in April.

Inflation Rate in Bulgaria averaged 61.06 percent from 1996 until 2020, 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 July of 2020.

Inflation Rate in Bulgaria is expected to be 1.20 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 -0.30 in 12 months time. In the long-term, the Bulgaria Inflation Rate is projected to trend around 2.00 percent in 2021 and 2.20 percent in 2022, according to our econometric models.

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Bulgaria Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
1.30 1.80 2019.50 -2.60 1996 - 2020 percent Monthly
1995=100, NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-03-16 09:00 AM Feb 3.7% 4.2% 4.1%
2020-04-15 08:00 AM Mar 3% 3.7% 3.4%
2020-05-18 08:00 AM Apr 1.8% 3% 2.6%
2020-06-15 08:00 AM May 1.3% 1.8% 1.5%
2020-07-15 08:00 AM Jun 1.3% 1.2%
2020-08-17 08:00 AM Jul 0.9%
2020-09-15 08:00 AM Aug
2020-10-14 08:00 AM Sep 0.5%


News Stream
Bulgaria Inflation Rate Falls to Near 3-Year Low
Bulgaria's consumer price inflation rate slowed to 1.3 percent year-on-year in May 2020, the lowest level since July 2017, amid the coronavirus crisis. Prices rose at a softer rate for food and non-alcoholic beverages (6.4 percent vs 6.6 percent in April), housing, water, electricity, gas and other fuels (0.2 percent vs 0.3 percent), and restaurants and hotels (5.6 percent vs 5.9 percent). At the same time, prices fell for transport (-12.6 percent vs -9.4 percent) and recreation and culture (-0.4 percent vs 1.9 percent). Health cost, on the other hand, increased at a faster 3.5 percent, compared to 3.1 percent in April. On a monthly basis, consumer prices dropped 0.3 percent in May, after a 0.6 percent decline in April.
2020-06-15
Bulgaria April Inflation Rate at Over 2-Year Low of 1.8%
The annual inflation rate in Bulgaria fell to 1.8 percent in April of 2020 from 3 percent in the previous month. It was the lowest inflation rate since January of 2018, amid lower prices of transport (-9.4 percent vs -1.3 percent in March), attributed to a drop in fuel prices; and clothing & footwear (-0.9 percent vs -0.3 percent). In addition, inflation slowed for food & non-alcoholic beverages (6.6 percent vs 6.7 percent) and housing & utilities (0.3 percent vs 2.3 percent). On a monthly basis, consumer prices decreased 0.6 percent, the same pace as in the previous month.
2020-05-18
Bulgaria Inflation Rate Drops to 4-Month Low of 3%
The annual inflation rate in Bulgaria decreased to 3 percent in March of 2020 from 3.7 percent in the previous month. It was the lowest inflation since November of 2019, as cost slowed for food & non-alcoholic beverages (6.7 percent vs 6.9 percent in February); housing & utilities (2.3 percent vs 2.4 percent) and recreation & culture (1.7 percent vs 2 percent). In addition, prices fell for transport (-1.3 percent vs 3.8 percent) and clothing & footwear (-0.3 percent vs 0.6 percent). On a monthly basis, consumer prices went down 0.6 percent, after a 0.1 percent gain in February.
2020-04-15
Bulgaria Inflation Rate Slows to 3.7% in February
The annual inflation rate in Bulgaria fell to 3.7 percent in February 2020 from 4.2 percent in the previous month. Prices eased for food & non-alcoholic beverages (6.9 percent from 8 percent in January); transport (3.8 percent from 5.5 percent); miscellaneous goods & services (1.5 percent from 2.1 percent). In contrast, prices advanced further for housing & utilities (2.4 percent from 2.3 percent); health (2.9 percent from 2.7 percent); restaurants & hotels (6 percent from 5.8 percent); and recreation & culture (2 percent from 1.8 percent). On a monthly basis, consumer prices went up 0.1 percent, slowing from a 0.9 percent gain in the prior month.
2020-03-16

Bulgaria Inflation Rate
In Bulgaria, the most important category in the consumer price index is Food and Non-Alcoholic Beverages (31.8 percent of total weight). Housing and Utilities accounts for 17.4 percent; Transport for 9 percent; Health for 6.6 percent; Restaurants and Hotels for 5.4 percent and Recreation and Culture for 5.3 percent. Alcoholic beverages and Tobacco; Communication; Miscellaneous Goods and Services; Furniture, Household Goods and Maintenance; Clothing and Footwear and Education account for the remaining 24.5 percent of total weight.