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NSI: Annual inflation in Bulgaria at 3.7 per cent

Over the past 10 years, cumulative inflation in Bulgaria has exceeded 50

published on 2/14/25 2:06 PM

Photo: BGNES

Monthly inflation in the country was 2% in January and annual inflation was 3.7%. This is according to preliminary data from the National Statistical Institute (NSI). The biggest increases were in the prices of heating and utilities. According to the European methodology relevant for the price stability criterion in the euro area, annual inflation in the country was 3.8%.

In January, after the 20% VAT rate replaced the zero VAT rate, bread prices rose by 15.9%, according to the Bulgarian methodology for calculating prices. Among other food items, the main increases were in fruit and vegetables, coffee, cheese and dairy oils, oil, soft drinks and beer.

In the non-food sector, the prices of electricity and petrol, beauty salon services, courier services and household goods rose significantly.

A reference on the NSI website shows that over a 10-year period - from January 2015 to January 2025 - inflation in Bulgaria is 50.9%.

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NSI: Annual inflation in Bulgaria at 3.7 per cent

Over the past 10 years, cumulative inflation in Bulgaria has exceeded 50

More from category

Fraser Institute: Bulgaria ranks 56th in economic freedom worldwide

BNB decreases base interest rate by 0.01%, Bulgaria's gross external debt rises

U.S. State Department report analyzes the Bulgarian economy

Fraser Institute: Bulgaria ranks 56th in economic freedom worldwide