Inflation Bulgaria 2004
Average inflation: 6.2%
Current Inflation
Inflation is very high at 6.2%, far above the ECB target.
Peak and Trough
The highest inflation was in July at 7.6%. The lowest inflation was in December at 4.0%.
- Highest month
- July: 7.6%
- Lowest month
- December: 4.0%
- Difference
- 3.6 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Alcoholic beverages, tobacco and narcotics with an average of 26.8%. The lowest price increase was in Furnishings, household equipment and maintenance with an average of -1.2%.
- Highest increase
- Alcoholic beverages, tobacco and narcotics: 26.8%
- Lowest increase
- Furnishings, household equipment and maintenance: -1.2%
Historical Context
Current inflation is around the 5-year average of 6.4%.
- 5-year average
- 6.4%
- 10-year average
- 6.4%
- All-time high (2000)
- 10.3%
- All-time low (2003)
- 2.3%
Trend
Inflation has remained relatively stable. Compared to 2003, the difference is minimal (+3.9 percentage point).
- Change vs. previous year
- +3.9 percentage points
- Largest monthly swing
- March: +6.4 percentage points
ECB Target
Inflation is 4.2% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.
What you could buy for €100 this year will cost approximately €106.20 next year at this inflation rate.
Multi-year trend
Monthly figures 2004
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2003 |
|---|---|---|
| January | 6.4% | +4.7 |
| February | 6.6% | +6.4 |
| March | 6.2% | +6.4 |
| April | 6.1% | +5.9 |
| May | 6.8% | +5.1 |
| June | 7.3% | +6.1 |
| July | 7.6% | +5.6 |
| August | 6.3% | +2.8 |
| September | 6.3% | +2.7 |
| October | 5.8% | +2.5 |
| November | 4.5% | -0.6 |
| December | 4.0% | -1.6 |
| Average | 6.2% |
Data source
Data from OECD. Last updated: 10/01/2026.