Inflation Bulgaria 2003
Average inflation: 2.3%
Current Inflation
Inflation is normal at 2.3%, around the ECB target.
Peak and Trough
The highest inflation was in December at 5.6%. The lowest inflation was in March at -0.2%.
- Highest month
- December: 5.6%
- Lowest month
- March: -0.2%
- Difference
- 5.8 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Housing, water, electricity, gas and other fuels with an average of 11.7%. The lowest price increase was in Clothing and footwear with an average of -2.2%.
- Highest increase
- Housing, water, electricity, gas and other fuels: 11.7%
- Lowest increase
- Clothing and footwear: -2.2%
Historical Context
Current inflation is 4.2% lower than the 5-year average of 6.5%. This approaches the lowest level since records began (2.3% in 2003).
- 5-year average
- 6.5%
- 10-year average
- 6.5%
- All-time high (2000)
- 10.3%
- All-time low (2003)
- 2.3%
Trend
Inflation shows a downward trend. Compared to 2002, inflation has fallen by +3.5 percentage point.
- Change vs. previous year
- -3.5 percentage points
- Largest monthly swing
- March: -9.4 percentage points
ECB Target
Inflation is close to the ECB target of 2.0%.
Purchasing Power
At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.
What you could buy for €100 this year will cost approximately €102.30 next year at this inflation rate.
Multi-year trend
Monthly figures 2003
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2002 |
|---|---|---|
| January | 1.7% | -5.3 |
| February | 0.2% | -8.2 |
| March | -0.2% | -9.4 |
| April | 0.2% | -9.0 |
| May | 1.7% | -5.2 |
| June | 1.2% | -4.0 |
| July | 2.0% | -3.5 |
| August | 3.5% | -1.0 |
| September | 3.6% | -0.4 |
| October | 3.3% | +0.1 |
| November | 5.1% | +1.9 |
| December | 5.6% | +1.8 |
| Average | 2.3% |
Data source
Data from OECD. Last updated: 10/01/2026.