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Bulgaria: Annual Inflation for May jumped 15%

The annual inflation for May this year compared to May last year was 15.6%, according to national statistics.

The consumer price index in May compared to the previous month – April, was 101.2%, i.e. the monthly inflation was 1.2%. Inflation since the beginning of the year – May 2022 compared to December 2021, is 9.1%.

The average annual inflation for the period June 2021 – May 2022 compared to the period June 2020 – May 2021 was 8.1%.

In one month, the prices of transport services, electricity, water and heating costs, as well as food prices rose the most – from 1.5% to 3.2%. The only reduction is reported in the price for entertainment and culture.

According to NSI data, a 9.4% increase in the price of bread was reported in May. There is a significant increase in the price of dairy products – cheese, yellow cheese. Sugar also rose – by 5.7%.

During the month under review in the groups of non-food goods and services there was an increase in prices for: coal – by 3.3%, firewood – by 3.7%, pellets – by 1.4%, diesel fuel – by 5.1%, gasoline A95H – by 4.7 %, motor gasoline A100H – by 4.4%, propane-butane gas for LTS – by 0.3%, methane for LTS – by 11.2% and others.

The price index for the small basket for May compared to a month earlier was 101.4%, and since the beginning of the year it is 110.6%.

In May 2022, the prices of goods and services from the small basket for the lowest 20% of households changed compared to the previous month, as follows: food products – an increase of 1.9%; non-food products – an increase of 1.3%; services – an increase of 0.1%.

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