Bulgaria's consumer price inflation accelerated slightly less than estimated in May to the highest level in more than two-and-a-half years, the latest data from the National Statistical Institute showed on Monday.
The consumer price index, or CPI, climbed 6.9 percent year-over-year in May, faster than the 6.8 percent rise in April. In the flash estimate, the inflation rate was 7.0 percent. Further, this was the strongest inflation since August 2023, when prices surged 7.7 percent.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.