The annual inflation rate in Bulgaria quickened to 3.7 percent in August of 2021 from 3 percent in the previous month. It was the highest inflation rate since February 2020. Main upward pressure came from transport (15.3 percent compared to a year ago); food and non-alcoholic beverages (3.6 percent); and housing and utilities (5 percent). On a monthly basis, consumer prices rose 0.8 percent, same as in July. source: National Statistical Institute, Bulgaria
Inflation Rate in Bulgaria averaged 58.15 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 September of 2021.
Inflation Rate in Bulgaria is expected to be 3.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Bulgaria Inflation Rate is projected to trend around 2.10 percent in 2022 and 1.50 percent in 2023, according to our econometric models.