Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Bulgaria’s April Inflation Rate Unchanged From March at 1.7%

May 14 (Bloomberg) -- Bulgaria’s inflation rate held steady in April from the previous month as declining output triggered by the euro area’s debt crisis kept a lid on demand and price growth.

The headline rate was 1.7 percent from a year earlier, the National Statistics Institute in Sofia said in a statement today, matching the median estimate of five economists surveyed by Bloomberg. Prices rose 0.2 percent from the previous month.

Bulgaria, the European Union’s poorest country in terms of economic output per capita, withstood the global recession in 2009 without an international bailout. Industrial output dropped 3.2 percent in March from a year earlier, the slowest in two years, as the debt crisis damped demand for Bulgarian exports.

The country’s EU-harmonized inflation will ease to 2.6 percent on average in 2012 and 2.7 percent in 2013 according to the EU forecast on May 11.

To contact the reporter on this story: Elizabeth Konstantinova in Sofia at ekonstantino@bloomberg.net

To contact the editor responsible for this story: James M. Gomez at jagomez@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.