Home News Bulgarian inflation falls to 14.0%, the lowest level in a year

Bulgarian inflation falls to 14.0%, the lowest level in a year

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In March 2023, the monthly inflation rate, measured by the Consumer Price Index (CPI), was 0.5% compared to the previous month, and the annual inflation rate in March 2023 compared to March 2022 was 14.0%.

In March 2023, compared to the previous month, the highest price increase was registered for Miscellaneous goods and services (+2.9%), Restaurants and hotels (+1.2%), Alcoholic beverages and tobacco (+1.1%), Furnishings, household equipment and routine maintenance of the house (+1.0%) and Food and non-alcoholic beverages (+0.9%). The decrease was recorded in the prices for Clothing and footwear (-0.8%), Transport (-0.7%), Housing, water, electricity, gas and other fuels (-0.5%) and Recreation and culture (-0.5%).

In March 2023, the monthly inflation rate, measured by the Harmonised Index of Consumer Prices (HICP), was 0.6% compared to the previous month, and the annual inflation rate in March 2023 compared to March 2022 was 12.1%.


Source: National Statistical Institute of Bulgaria
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