11/09/2020

Inflation movements in August 2020

According to SORS data, y-o-y inflation stayed stable, measuring 1.9% in August, which is in line with NBS expectations and close to the July level.

In monthly terms, consumer prices edged down 0.1% in August, driven mainly by the lower prices of fresh fruit, vegetables and meat.

Higher prices of travel packages and petroleum products worked in the opposite direction.

Core inflation (CPI excluding the prices of food, energy, alcohol and cigarettes) remained stable, at 1.9% y-o-y in August. 

Under the NBS central projection, y-o-y inflation will stay low and stable in the coming period.

Governor’s Office