Inflation and consumer price indices in May 2023

Home
Press releases
Inflation and consumer price indices in May 2023

14.06.2023 11:00:00

Download

Inflation and consumer price indices in May 2023

In May 2023, the monthly inflation rate, measured by the Consumer Price Index (CPI), was -0.1% compared to the previous month, and the annual inflation rate in May 2023 compared to May 2022 was 10.1%.

In May 2023, compared to the previous month, the highest decrease was recorded in the prices for Recreation and culture (-3.4%), Transport (-2.5%) and Housing, water, electricity, gas and other fuels (-0.4%). The highest increase was registered for Alcoholic beverages and tobacco (+1.1%), Clothing and footwear (+1.0%), Miscellaneous goods and services (+0.5%), Health (+0.5%) and Food and non-alcoholic beverages (+0.5%).

In May 2023, the monthly inflation rate, measured by the Harmonised Index of Consumer Prices (HICP), was -0.2% compared to the previous month, and the annual inflation rate in May 2023 compared to May 2022 was 8.6%.

Detailed data can be found on the website of NSI at
Inflation and Consumer Price Indices

The National Statistical Institute (NSI) is a state institution in Bulgaria that collects, processes and disseminates official statistical information on social, economic and demographic processes in the country. The NSI's activities are aimed at providing objective and reliable data that support informed decision-making by the state, business and society. The Institute works in accordance with international statistical standards and is an active participant in the European Statistical System.