The annual inflation rate in Bulgaria accelerated to 15.6 percent in May of 2022, from 14.4 percent in the prior month. It was the highest reading since May of 1998, as prices advanced faster for food & non-alcoholic beverages (22.7 percent vs. 21.3 percent in April), housing & utilities (17.5 percent vs. 15.8 percent), and transportation (32.6 percent vs. 28.6 percent). On a monthly basis, consumer prices increased by 1.2 percent, following a 2.5 percent rise in the previous month. source: National Statistical Institute, Bulgaria
Inflation Rate in Bulgaria averaged 56.78 percent from 1996 until 2022, 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 June of 2022.
Inflation Rate in Bulgaria is expected to be 13.00 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 4.50 percent in 2023 and 4.00 percent in 2024, according to our econometric models.