Inflation in Bulgaria rose by 0.9% for a month, annual rate is 8.5%

Monthly inflation is 0.9% and annual inflation compared to July last year is 8.5%, according to the National Statistical Institute

In July 2023, compared to the previous month, the largest price increases were in the groups: entertainment and culture (+7.5%), restaurants and hotels (+2.9%), housing, water, electricity, gas and other fuels (+1.8%) and health care (+0.7%). Decreases were recorded in the groups: clothing and footwear (-1.4%) and miscellaneous goods and services (-0.1%).

Year-to-date inflation (July 2023 vs. December 2022) is 3.3%, and the average annual inflation rate for August 2022-July 2023 vs. August 2021-July 2022 is 14.3%.

In the past month, prices of the following food products increased: citrus fruits - by 5.1%, margarine - by 4.8%, pepper - by 4.5%, garlic - by 3.8%, perishable sausages - by 2.7%, durable sausages - by 2.1%, apples - by 2.1%, olives - by 1.8%, pork - by 1.6%, pasta - by 1. 5%, tomatoes - by 1.4%, poultry meat - by 1.2%, bread - by 0.9%, minced meat - by 0.9%, fresh vegetable seasonings - by 0.9%, cheese - by 0. 8%, mineral water - by 0.7%, rice - by 0.5%, cheese - by 0.5%, fruit juices - by 0.5%, flour - by 0.4%, mushrooms - by 0.4%, coffee - by 0.4%, wines - by 0.4%, brandies - by 0.3%, vinegar - by 0.2%, and others.

There was also an increase in fuel prices: petrol A100H - by 0.7%, petrol A95H - by 0.6%, diesel - by 0.5%.