Inflation Bulgaria 2020

Average inflation: 1.7%

Current Inflation

Inflation is low at 1.7%, below the ECB target of 2%.

Peak and Trough

The highest inflation was in January at 4.1%. The lowest inflation was in December at 0.1%.

Highest month
January: 4.1%
Lowest month
December: 0.1%
Difference
4.0 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Food and non-alcoholic beverages with an average of 5.4%. The lowest price increase was in Transport with an average of -7.2%.

Highest increase
Food and non-alcoholic beverages: 5.4%
Lowest increase
Transport: -7.2%

Historical Context

Current inflation is around the 5-year average of 1.8%.

5-year average
1.8%
10-year average
1.5%
All-time high (2008)
12.4%
All-time low (2014)
-1.4%

Trend

Inflation shows a downward trend. Compared to 2019, inflation has fallen by +1.4 percentage point.

Change vs. previous year
-1.4 percentage points
Largest monthly swing
December: -3.7 percentage points

ECB Target

Inflation is 0.3% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.

Purchasing Power

At this inflation rate, purchasing power gradually decreases. The impact on daily expenses is relatively limited.

What you could buy for €100 this year will cost approximately €101.70 next year at this inflation rate.

Multi-year trend

Monthly figures 2020

Inflation by category

Food and non-alcoholic beverages
5.4%
+3.7vs avg.
More details →
Alcoholic beverages, tobacco and narcotics
1.6%
-0.1vs avg.
More details →
Clothing and footwear
-1.7%
-3.4vs avg.
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Housing, water, electricity, gas and other fuels
1.0%
-0.7vs avg.
More details →
Furnishings, household equipment and maintenance
0.9%
-0.8vs avg.
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Health
2.8%
+1.1vs avg.
More details →
Transport
-7.2%
-8.9vs avg.
More details →
Communication
-1.4%
-3.1vs avg.
More details →
Recreation and culture
0.6%
-1.1vs avg.
More details →
Education
3.8%
+2.1vs avg.
More details →
Restaurants and hotels
4.7%
+3.0vs avg.
More details →
Miscellaneous goods and services
1.7%
+0.0vs avg.
More details →

Inflation differs per product group. Click on a category for the historical trend.

Month overview

Month Inflation Difference vs. 2019
January 4.1% +1.1
February 3.7% +0.5
March 3.0% -0.6
April 1.8% -1.9
May 1.3% -2.2
June 1.6% -1.2
July 1.2% -1.7
August 1.2% -1.7
September 0.9% -1.4
October 0.8% -1.6
November 0.4% -2.6
December 0.1% -3.7
Average 1.7%

Data source

Data from OECD. Last updated: 10/01/2026.

See also