Bulgaria: Inflation decelerates in February from January
Latest reading: Harmonized consumer prices increased 2.1% in annual terms in February, following a 2.3% increase in the previous month. February’s reading was the weakest since November 2024.
Relative to the prior month’s data, there were reduced price pressures for food and non-alcoholic beverages (+4.2% on a year-on-year basis vs +4.3% in January), housing and utilities (+4.0% vs +4.5% in January) and recreation (+8.6% vs +9.2% in January). In contrast, price pressures were higher for restaurants and hotels in February (+6.0% vs +5.9% in January). Finally, the variation in transportation prices was the same as in the prior month (-1.6% in February and January).
Meanwhile, consumer prices rose 3.3% in February, following a 3.5% increase in the prior month.
Finally, harmonized consumer prices were up 0.20% in February on a month-on-month basis, following a 0.64% increase in the previous month.