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Bulgaria’s annual inflation hits new high in June

Photo: Alami/Reuters

Bulgaria’s annual inflation accelerated for the 16th consecutive month, rising from 15.6% in May to 16.9% in June, data of the National Statistical Institute indicate.

 Transport prices rose 4.2% and restaurant and hotel prices increased with 2.6% month on month. In June, consumer prices rose by 0.9%, while a month earlier they saw a 1.2% increase. Prices of housing, water, electricity, gas and other fuels increased with 1.1% on a monthly basis. 

Food prices fell for the first time in months - by 0.1%. The average annual inflation in the last twelve months (July 2021-June 2022) compared to the previous twelve months (July 2020- June 2021) was 9.3%. The inflation rate since the beginning of the year (June 2022- December 2021) was 10.1%.




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