Inflation Bulgaria 2022
Average inflation: 15.3%
Current Inflation
Inflation is very high at 15.3%, far above the ECB target.
Peak and Trough
The highest inflation was in September at 18.7%. The lowest inflation was in January at 9.2%.
- Highest month
- September: 18.7%
- Lowest month
- January: 9.2%
- Difference
- 9.5 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Transport with an average of 23.0%. The lowest price increase was in Communication with an average of 0.8%.
- Highest increase
- Transport: 23.0%
- Lowest increase
- Communication: 0.8%
Historical Context
Current inflation is 10.1% higher than the 5-year average of 5.2%. This approaches the highest level since records began (15.3% in 2022).
- 5-year average
- 5.2%
- 10-year average
- 2.7%
- All-time high (2022)
- 15.3%
- All-time low (2014)
- -1.4%
Trend
Inflation shows an upward trend. Compared to 2021, inflation has risen by +12.0 percentage point.
- Change vs. previous year
- +12.0 percentage points
- Largest monthly swing
- July: +14.3 percentage points
ECB Target
Inflation is 13.3% 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 €115.30 next year at this inflation rate.
Multi-year trend
Monthly figures 2022
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2021 |
|---|---|---|
| January | 9.2% | +9.8 |
| February | 10.0% | +10.1 |
| March | 12.4% | +11.8 |
| April | 14.4% | +12.4 |
| May | 15.6% | +13.1 |
| June | 16.9% | +14.2 |
| July | 17.3% | +14.3 |
| August | 17.7% | +14.0 |
| September | 18.7% | +13.9 |
| October | 17.6% | +11.6 |
| November | 16.9% | +9.6 |
| December | 16.9% | +9.1 |
| Average | 15.3% |
Data source
Data from OECD. Last updated: 10/01/2026.