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 ( 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. source: National Statistical Institute, Bulgaria
Inflation Rate in Bulgaria averaged 59.07 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 May 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 2.40 in 12 months time. In the long-term, the Bulgaria Inflation Rate is projected to trend around 1.40 percent in 2022 and 1.50 percent in 2023, according to our econometric models.