In March, annual inflation in Bulgaria slowed down to a 12-month low of 14.0% compared to 16.0% in February, according to the data of the National Statistical Institute. This is the lowest annual inflation rate since March 2022, when it stood at 12.4%.
On a monthly basis, however, there was an increase in consumer prices by 0.5% compared to the second month of 2023, when inflation rose by 0.8%.
Year-to-date inflation (March 2023 vs. December 2022) is 2.6 percent, while average annual inflation for the period April 2022 – March 2023 vs. April 2021 – March 2022 is 16.5 percent.
Source : NoInvite