Inflation Bulgaria 2021

Average inflation: 3.3%

Current Inflation

Inflation is high at 3.3%, well above the ECB target.

Peak and Trough

The highest inflation was in December at 7.8%. The lowest inflation was in January at -0.6%.

Highest month
December: 7.8%
Lowest month
January: -0.6%
Difference
8.4 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Transport with an average of 10.8%. The lowest price increase was in Communication with an average of -2.6%.

Highest increase
Transport: 10.8%
Lowest increase
Communication: -2.6%

Historical Context

Current inflation is 0.7% higher than the 5-year average of 2.6%.

5-year average
2.6%
10-year average
1.4%
All-time high (2008)
12.4%
All-time low (2014)
-1.4%

Trend

Inflation has remained relatively stable. Compared to 2020, the difference is minimal (+1.6 percentage point).

Change vs. previous year
+1.6 percentage points
Largest monthly swing
December: +7.7 percentage points

ECB Target

Inflation is 1.3% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.

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 €103.30 next year at this inflation rate.

Multi-year trend

Monthly figures 2021

Inflation by category

Food and non-alcoholic beverages
2.8%
-0.5vs avg.
More details →
Alcoholic beverages, tobacco and narcotics
0.8%
-2.5vs avg.
More details →
Clothing and footwear
-1.1%
-4.4vs avg.
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Housing, water, electricity, gas and other fuels
4.8%
+1.5vs avg.
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Furnishings, household equipment and maintenance
1.9%
-1.4vs avg.
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Health
0.8%
-2.5vs avg.
More details →
Transport
10.8%
+7.5vs avg.
More details →
Communication
-2.6%
-5.9vs avg.
More details →
Recreation and culture
6.0%
+2.7vs avg.
More details →
Education
4.8%
+1.5vs avg.
More details →
Restaurants and hotels
3.2%
-0.1vs avg.
More details →
Miscellaneous goods and services
1.6%
-1.7vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 2020
January -0.6% -4.7
February -0.1% -3.8
March 0.6% -2.4
April 2.0% +0.2
May 2.5% +1.2
June 2.7% +1.1
July 3.0% +1.8
August 3.7% +2.5
September 4.8% +3.9
October 6.0% +5.2
November 7.3% +6.9
December 7.8% +7.7
Average 3.3%

Data source

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

See also