September 19, 2022
The monthly inflation rate in Bulgaria was 1.2%, while the annual inflation rate was 17.7%. The inflation rate is measured by the CPI, with monthly inflation referring to the month of August 2022 compared to the previous month, and annual inflation being for August 2022 compared to the same month of the previous year.
In August 2022, compared to the previous month, the highest price increase was registered for Housing, water, electricity, gas and other fuels (+5.2%), Miscellaneous goods and services (+2.3%) and Furnishings, household equipment and routine maintenance of the house (+1.8%). The decrease was recorded in the prices for Transport (-3.8%) and Clothing and footwear (-2.3%).
Consumer price index (CPI) In August 2022, the monthly inflation rate was 1.2% compared to the previous month, and the annual inflation rate in August 2022 compared to August 2021 was 17.7%.
The inflation rate since the beginning of the year (August 2022 compared to December 2021) was 12.6%, and the annual average inflation rate for the period September 2021 – August 2022 compared to the period September 2020 – August 2021 was 11.7%.
In August 2022, compared to the previous month, the prices of goods and services increased in the following consumer groups:
Housing, water, electricity, gas and other fuels – an increase of 5.2%;
Miscellaneous goods and services – an increase of 2.3%;
Furnishings, household equipment and routine maintenance of the house – an increase of 1.8%;
Food and non-alcoholic beverages – an increase of 1.2%;
Recreation and culture – an increase of 1.0%;
Restaurants and hotels – an increase of 0.7%;
Communications – an increase of 0.7%;
Alcoholic beverages and tobacco – an increase of 0.3%;
Health – an increase of 0.1%.
In August 2022, compared to the previous month, the prices of goods and services decreased in the following consumer groups:
Transport – a decrease of 3.8%;
Clothing and footwear – a decrease of 2.3%.
The prices of the products in Education remained at the level of the previous month.
Source: REPUBLIC OF BULGARIA NATIONAL STATISTICAL INSTITUTE
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