Bulgaria Inflation Rate

Last Release

Aug 31, 2024

Actual

2.1

Units In

2.4

Frequency

Monthly

Next Release

Oct 15, 2024

Time to Release

27 Days 1 Hours

Highest	Lowest	Average	Date Range	Source
2,019.5 Mar 1997	-2.6 Feb 2014	53.08 %	1996-2024	N/A

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.

Latest Updates

Bulgaria’s annual inflation rate edged down to 2.1% in August 2024 from 2.4% in the previous month, as transport costs fell for the first time in seven months (-0.2% vs 5.3% in July). Prices for clothing & footwear (-2.5% vs -1.5%) and communication (-4.3% vs -5.1%) also declined. At the same time, costs softened for restaurants & hotels (7.9% vs 8.5% in July), education (6.7% vs 6.9%), miscellaneous goods & services (4% vs 4.3%), and health (2.3% vs 2.9%). On the other hand, prices increased for food & non-alcoholic beverages (2.3% vs 1.5%), housing & utilities (2.8% vs 2.5%), and recreation & culture (2.7% vs 2.4%). On a monthly basis, consumer prices ticked up 0.1% in August, slowing from a 0.8% rise in July.