The annual inflation rate in Bulgaria rose to 3.7 percent in April 2019 from 3.6 percent in March, hitting its highest level since October. Prices advanced faster mostly for food & non-alcoholic beverages (5.8 percent vs 5.6 percent) and transport (3.8 percent vs 2.4 percent). On a monthly basis, consumer prices went up 0.5 percent, up from a 0.1 percent increase in the prior month. Inflation Rate in Bulgaria averaged 63.76 percent from 1996 until 2019, 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.
Inflation Rate in Bulgaria is expected to be 2.30 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 2.00 in 12 months time. In the long-term, the Bulgaria Inflation Rate is projected to trend around 2.20 percent in 2020, according to our econometric models.