Inflation Bulgaria 2008
Average inflation: 12.4%
Current Inflation
Inflation is very high at 12.4%, far above the ECB target.
Peak and Trough
The highest inflation was in June at 15.3%. The lowest inflation was in December at 7.8%.
- Highest month
- June: 15.3%
- Lowest month
- December: 7.8%
- Difference
- 7.5 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Restaurants and hotels with an average of 18.4%. The lowest price increase was in Communication with an average of -1.9%.
- Highest increase
- Restaurants and hotels: 18.4%
- Lowest increase
- Communication: -1.9%
Historical Context
Current inflation is 4.5% higher than the 5-year average of 7.9%. This approaches the highest level since records began (12.4% in 2008).
- 5-year average
- 7.9%
- 10-year average
- 7.2%
- All-time high (2008)
- 12.4%
- All-time low (2003)
- 2.3%
Trend
Inflation shows an upward trend. Compared to 2007, inflation has risen by +4.0 percentage point.
- Change vs. previous year
- +4.0 percentage points
- Largest monthly swing
- May: +10.7 percentage points
ECB Target
Inflation is 10.4% 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 €112.40 next year at this inflation rate.
Multi-year trend
Monthly figures 2008
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2007 |
|---|---|---|
| January | 12.5% | +5.4 |
| February | 13.2% | +8.7 |
| March | 14.2% | +10.1 |
| April | 14.6% | +10.4 |
| May | 15.0% | +10.7 |
| June | 15.3% | +9.7 |
| July | 14.5% | +6.1 |
| August | 11.2% | -0.8 |
| September | 11.0% | -2.1 |
| October | 10.9% | -1.5 |
| November | 9.1% | -3.5 |
| December | 7.8% | -4.7 |
| Average | 12.4% |
Data source
Data from OECD. Last updated: 10/01/2026.