Inflation Rate in Bulgaria increased to 2.70 percent in June from 2.50 percent in May of 2021. source: National Statistical Institute, Bulgaria

Inflation Rate in Bulgaria averaged 58.51 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 July of 2021.

Inflation Rate in Bulgaria is expected to be 2.00 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 2.00 in 12 months time. In the long-term, the Bulgaria Inflation Rate is projected to trend around 2.10 percent in 2022 and 1.50 percent in 2023, according to our econometric models.

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Bulgaria Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
2.70 2.50 2019.50 -2.60 1996 - 2021 percent Monthly
1995=100, NSA

Calendar GMT Actual Previous Consensus TEForecast
2021-04-14 08:00 AM Mar 0.6% -0.1% 0.4%
2021-05-17 08:00 AM Apr 2.0% 0.6% 1.9%
2021-06-15 08:00 AM May 2.5% 2.0% 2.1%
2021-07-14 08:00 AM Jun 2.7% 2.5% 2.8%
2021-08-16 08:00 AM Jul 2.7%
2021-09-15 08:00 AM Aug
2021-10-17 08:00 AM Sep
2021-11-15 09:00 AM Oct

News Stream
Bulgaria Inflation Rate Picks Up to 2.7% in June
Bulgaria’s consumer inflation picked up to 2.7% in June 2021 from 2.5% in the preceding month. It was the highest reading since March of 2020, mainly due to increases in prices for transport (12.8% vs 11.6% in May), housing & utilities (3.4% vs 3.0%), recreation & culture (9.5% vs 7.5%) and education (5.3% vs 4.6%) while consumer prices rose at a softer pace for food & non-alcoholic beverages (0.7% vs 0.8%) and restaurants & hotels (2.4% vs 2.5%). On the other hand, deflation eased for clothing & footwear (-1.3% vs -2.0%) while quickened for communication (-3.0% vs -2.7%). Meantime, inflation was unchanged for health (at 0.6%). On a monthly basis, consumer prices fell 0.2% in June, after a 0.1% uptick in the month prior.
Bulgaria Inflation Rate Continues to Rise in May
Bulgaria's consumer prices went up by 2.5% from a year earlier in May 2021, following a 2.0% increase in the previous month. It was the highest reading since March of 2020, as prices soared for transport (11.6% vs 8.9% in April), food and non-alcoholic beverages (0.8% vs 0.3%), housing & utilities (3.0% vs 2.9%) and recreation & culture (7.5% vs 4.9%) while inflation rose at a softer pace for furnitures (1.0% vs 1.5%), health (0.6% vs 0.9%). In contrast, deflation quickened for communication (-1.7% vs -0.3%) while eased for clothing & footwear (-2.0% vs -3.0%). Meantime, prices remained unchanged for education (4.6%), restaurants & hotels (2.5%) and miscellaneous goods & services (1.1%) On a monthly basis consumer prices increased by 0.1% in May, after a 0.7% rise in the month prior.
Bulgaria Inflation Rate Quickens to 13-Month High
Bulgaria's consumer prices jumped by 2.0 percent from a year earlier in April of 2021, following a 0.6 percent rise in the month before. It was the highest reading in 13 months, as prices rebounded for transports (6.3 percent vs -0.5 percent in March), and inflation quickened for housing & utilities (2.8 percent vs 0.6 percent). In addition, prices increased as well for food & non-alcoholic beverages (0.6 percent vs 0.0 percent), and recreation & culture (3.2 percent vs 2.8 percent). On a monthly basis, consumer prices advanced 0.7 percent in April, after edging up by 0.1 percent in the previous month.
Bulgaria Inflation Rate Rebounds in March
Bulgaria's consumer prices went up by 0.6 percent from a year earlier in March of 2021, following a 0.1 percent drop in the month before. It was the highest reading in 5 months, as inflation quickened particularly for housing & utilities (0.6 percent vs 0.4 percent in February), communications (0.5 percent vs 0.1 percent), recreation & culture (2.8 percent vs 1.6 percent) and education (4.6 percent vs 4.3 percent). In addition, deflation eased for transport (-0.5 percent vs -6.0 percent) and clothing & footwear (-3.3 percent vs -3.8 percent). Nevertheless, prices of food flattened during this period (0.0 percent vs 0.2 percent). On a monthly basis, consumer prices edged up 0.1 percent in March, after rising by 0.6 percent in the previous month.

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.