Average inflation measured by CPI reached 2.30 % in 2019 in Bulgaria, according to the National Statistical Office. This is 12.2 % less than in the previous year.
Historically, average inflation measured by CPI in Bulgaria reached an all time high of 10.6 % in 1997 and an all time low of -0.014 % in 2014. When compared to Bulgaria's main peers, average inflation measured by CPI in Greece amounted to 1.20 %, 2.69 % in Romania, 2.35 % in Serbia and 16.7 % in Turkey in 2019.
Bulgaria has been ranked 112th within the group of 174 countries we follow in terms of average inflation measured by CPI, 15 places behind the position seen 10 years ago.
Inflation as measured by the consumer price index (CPI) reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly.