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. source: National Statistical Institute, Bulgaria

Inflation Rate in Bulgaria averaged 60.06 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 November of 2020.

Inflation Rate in Bulgaria is expected to be 0.10 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 1.60 in 12 months time. In the long-term, the Bulgaria Inflation Rate is projected to trend around 2.00 percent in 2021 and 1.70 percent in 2022, according to our econometric models.

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Bulgaria Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
0.80 0.90 2019.50 -2.60 1996 - 2020 percent Monthly
1995=100, NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-08-17 08:00 AM Jul 1.2% 1.6% 0.9%
2020-09-15 08:00 AM Aug 1.2% 1.2% 0.9%
2020-10-14 08:00 AM Sep 0.9% 1.2% 0.9%
2020-11-16 09:00 AM Oct 0.8% 0.9% 0.7%
2020-12-15 09:00 AM Nov 0.8% 0.5%
2021-01-15 09:00 AM Dec
2021-02-15 09:00 AM Jan
2021-03-16 09:00 AM Feb


News Stream
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 September Inflation Rate at Near 4-Year Low of 0.9%
Bulgaria's annual inflation edged down to 0.9 percent in September of 2020 from 1.2 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 (4.2 percent vs 4.5 percent in August) and health (2.4 percent vs 3.2 percent). In addition, costs continued to decline for transport (-9.7 percent vs -9.6 percent) and clothing & footwear (-1.9 percent vs -2 percent). On a monthly basis, consumer prices went down 0.6 percent, after decreasing 0.5 percent in the prior month.
2020-10-14
Bulgaria August Inflation Rate Steady at Over 3-1/2-Year Low
Bulgaria's annual inflation stood at 1.2 percent in August of 2020, its lowest level since December of 2016. Prices slowed mostly for food & non-alcoholic beverages (4.5 percent vs 5.5 percent in July); health (3.2 percent vs 3.5 percent) and restaurants & hotels (3.6 percent vs 4 percent). In addition, costs continued to fall for transport (-9.6 percent vs -11.5 percent) and clothing & footwear (-2 percent vs -1.2 percent). Meantime, inflation remained steady for housing & utilities (at 0.7 percent). On a monthly basis, consumer prices were down 0.5 percent, after increasing 0.5 percent in the prior month.
2020-09-15
Bulgaria Inflation Rate Falls to Over 3-1/2-Year Low in July
Bulgaria's annual inflation fell to 1.2 percent in July 2020 from 1.6 percent in the previous month. It was the lowest inflation rate since December 2016, as prices slowed for food & non-alcoholic beverages (5.5 percent vs 7.2 percent in June); miscellaneous goods & services (1.9 percent vs 2.2 percent); restaurants & hotels (4 percent vs 4.8 percent); and education (2.9 percent vs 3.1 percent). Meanwhile, cost advanced further for housing & utilities (0.7 percent vs 0.2 percent); furnishings & household equipment (1.2 percent vs 0.7 percent) and health (3.5 percent vs 3.4 percent). Also, prices fell less for transport (-11.5 percent vs -12.4 percent); communication (-0.8 percent vs -1.1 percent) and recreation & culture (-0.3 percent vs -1 percent). On a monthly basis, consumer prices went up 0.5 percent, rebounding from a 0.4 percent in the prior month.
2020-08-17

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.