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 February 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.

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Bulgaria Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
-0.60 0.10 2019.50 -2.60 1996 - 2021 percent Monthly
1995=100, NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-11-16 09:00 AM Oct 0.8% 0.9% 0.7%
2020-12-15 09:00 AM Nov 0.4% 0.8% 0.6%
2021-01-18 09:00 AM Dec 0.1% 0.4% 0.2%
2021-02-15 09:00 AM Jan -0.6% 0.1% 0.2%
2021-03-16 09:00 AM Feb -0.6%
2021-04-15 08:00 AM Mar
2021-05-18 08:00 AM Apr
2021-06-15 08:00 AM May


News Stream
Bulgaria CPI Falls for 1st Time Since 2016
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.
2021-02-15
Bulgaria December Inflation Rate Lowest Since 2016
Bulgaria's annual consumer price inflation eased to 0.1 percent in December of 2020 from 0.4 percent in the previous month. It was the lowest inflation rate since December of 2016, amid a slowdown in prices of food & non-alcoholic beverages (1.9 percent vs 2.9 percent in November); health (1.8 percent vs 2 percent) and restaurants and hotels (3.1 percent vs 3.5 percent). In addition, prices continued to fall for transport (-9.4 percent vs -9.5 percent) and clothing & footwear (-4.9 percent vs -3.2 percent). On a monthly basis, consumer prices were up 0.5 percent, after increasing 0.1 percent in the previous month.
2021-01-18
Bulgaria Inflation Rate Slows to 4-Year Low
Bulgaria's consumer price inflation dropped to 0.4 percent year-on-year in November 2020, from 0.8 percent in the previous month. It was the lowest rate since December 2016, as prices rose at a softer pace for food and non-alcoholic beverages (2.9 percent vs 3.8 percent), health (2.0 percent vs 2.1 percent), and restaurants and hotels (3.5 percent vs 4.2 percent). At the same time, there were decreases in cost for transport (-9.5 percent vs -9.7 percent) and recreation and culture (-0.7 percent vs 0.3 percent). On a monthly basis, consumer prices edged up 0.1 percent in November.
2020-12-15
Bulgaria Inflation Rate Drops to 0.8% in October
Bulgaria's annual inflation edged down to 0.8 percent in October of 2020 from 0.9 percent in the previous month. It was the lowest inflation rate since December of 2016, mostly due to a slowdown in prices of food & non-alcoholic beverages (3.8 percent vs 4.2 percent) and health (2.1 percent vs 2.4 percent). In addition, cost continued to decline for transport (-9.7 percent, the same pace as in September). On a monthly basis, consumer prices increased 0.6 percent, after decreasing 0.6 percent in the previous month.
2020-11-16

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.