Macroeconomic Monitor
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inflation

Deflation in Bulgaria poses risks only for the energy sector

Today, the National Statistical Institute (NSI) published data on the level of the consumer price index in February, according to which deflation in Bulgaria deepened to 2.6% on an annual basis from 2.2% in January, reaching a seven-month high. Maria Ivanova from Capital commented on the data as follows: From an economic point of view, deflation is a problem, …

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What the Consumer Price Index (Doesn't) Tell Us

Very soon, the NSI released the inflation data for 2013, which were interpreted on the same day on BNT in the following way: "We have recorded the lowest annual inflation in 23 years. According to the National Statistics Office, this is a deflation of 1.6 percent." [1] It turns out that the data is for December...

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