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.
Inflation Rate in Bulgaria averaged 61.87 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 April of 2020.
Inflation Rate in Bulgaria is expected to be 3.70 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 1.90 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.