Text size

NSI: Bulgaria Records Second Consecutive Month of Deflation

published on 6/14/24 4:55 PM

Photo: Pixabay

According to data from the National Statistical Institute, Bulgaria experienced a monthly inflation rate of -0.2% in May 2024. Year-on-year inflation from May 2024 compared to December 2023 stands at 0.4%, while the average annual inflation rate for the period June 2023 to May 2024 versus June 2022-May 2023 is 5.1%.

The sectors with the largest price decreases include Communications (-1.5%), Entertainment and Culture (-1%), and Transport (-0.9%). Conversely, the sector with the largest price increase was alcohol and tobacco, rising by 1%.

In April 2024, the monthly inflation rate was recorded at -0.3%.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria Economy april 2024 deflation may 2024 nsi

More from category

In three months, the average salary in Bulgaria went up 5.3% to EUR 1,315.

Preliminary data from the National Statistical Institute (NSI) shows a 1.3% increase in employment from March to June 2025, reaching 2.38 million. The hotel and restaurant sector had the largest increase in employment (24.8%), followed by real estate..

published on 8/12/25 4:47 PM

The Bulgarian National Bank (BNB) expects inflation in the country to continue to rise until the end of 2025

The lack of sufficient manpower and strong private consumption are the main reasons for inflation, according to the second "Economic Review" of the Bulgarian National Bank (BNB) for the year. Annual inflation is 2.9%, increasing by 2.1% by May 2025..

published on 8/7/25 8:53 AM

The economy of expectations – how the fear of price increases actually leads to price increases

After months of low inflation and even temporary deflation in April this year, according to official national statistics, the trend abruptly reversed. On July 15, literally days after Bulgaria received a green light from Brussels for..

published on 8/6/25 9:51 AM

WEATHER

Pick city: Sofía

Rain
Min: 12 | Max: 18

BULGARIA IN PICTURES

Which world-famous Bulgarian artist designed QSL cards for Radio Bulgaria?

International Technical Fair 2025 kicks off in Plovdiv

Plovdiv is hosting the 79th International Technical Fair from September 24 to 27, 2025 , bringing together leading companies, innovators, and industry..

published on 9/24/25 8:55 AM

Share