Bulgaria: energy inflation rate by commodity 2024

The inflation rate of energy prices in Bulgaria have decreased in 2023 and 2024 compared to the previous year. Gas has seen a decline, with the inflation rate reaching -67 percent in September 2023. These developments occurred after Russia's invasion of Ukraine, which has been the cause of uncertainty over Europe's security of gas supply, as well as intense energy price volatility.

Harmonized index of consumer prices (HICP) energy inflation rate in Bulgaria from January 2019 to November 2024, by commodity

Characteristic	Energy	Gas	Electricity
Nov '24	-5.4%	-8.2%	1.8%
Oct '24	-5.7%	2.2%	1.8%
Sep '24	-5.6%	-0.5%	1.8%
Aug '24	-2.1%	1.5%	1.8%
Jul '24	2%	-1.6%	1.8%
Jun '24	3%	-0.2%	4.4%
May '24	2.6%	-11.8%	4.4%
Apr '24	1.7%	-20.2%	4.4%
Mar '24	0.3%	-25%	4.4%
Feb '24	-0.9%	-23.9%	4.4%
Jan '24	-2.8%	-37.6%	4.4%
Dec '23	0.8%	-22.8%	4.4%
Nov '23	0.2%	-16.6%	4.4%
Oct '23	-2.4%	-55%	4.4%
Sep '23	-5.7%	-67.6%	4.4%
Aug '23	-6.9%	-63.7%	4.4%
Jul '23	-9.4%	-47%	4.4%
Jun '23	-9.6%	-39.9%	3.4%
May '23	-5.7%	-40.9%	3.4%
Apr '23	-0.7%	-25.3%	3.4%
Mar '23	3.8%	-8.8%	3.4%
Feb '23	11.6%	3.9%	3.4%
Jan '23	13.5%	16.2%	3.4%
Dec'22	12.7%	20.7%	3.4%
Nov'22	15.2%	14.2%	3.4%
Oct'22	22.1%	81.5%	3.4%
Sep'22	32.1%	212.1%	3.4%
Aug '22	32%	197.9%	3.4%
Jul '22	34.1%	124.1%	3.4%
Jun '22	37.5%	107.6%	4.4%
May '22	34.1%	148.6%	4.4%
Apr '22	30%	138.2%	4.4%
Mar '22	27.8%	117.4%	4.4%
Feb '22	23%	105.9%	4.4%
Jan '22	24.7%	146.9%	4.4%
Dec '21	24.1%	102.7%	4.4%
Nov '21	24%	89.3%	4.4%
Oct '21	20.9%	98.2%	4.4%
Sep '21	16%	68%	4.4%
Aug '21	15%	60.6%	4.4%
Jul '21	13.6%	47.2%	4.4%
Jun '21	12.2%	37.6%	2.8%
May '21	11.1%	23.6%	2.8%
Apr '21	8.6%	12.9%	2.8%
Mar '21	-1.2%	-14.3%	2.8%
Feb '21	-5.6%	-13.1%	2.8%
Jan '21	-7.4%	-16.8%	2.8%
Dec '20	-8.2%	-16%	2.8%
Nov '20	-8.3%	-15.4%	2.8%
Oct '20	-8.5%	-18.8%	2.8%
Sep '20	-8.2%	-21.8%	2.8%
Aug '20	-8.3%	-25.8%	2.8%
Jul '20	-9.4%	-25.8%	2.8%
Jun '20	-11.3%	-24.7%	2.9%
May '20	-11.5%	-22.6%	2.9%
Apr '20	-8.3%	-19.5%	2.9%
Mar '20	-0.1%	-0.3%	2.9%
Feb '20	4.1%	0%	2.9%
Jan '20	5.8%	-0.8%	2.9%
Dec '19	3.7%	-0.1%	2.9%
Nov '19	-0.5%	-0.4%	2.9%
Oct '19	-2.6%	-0.4%	2.9%
Sep '19	-0.8%	6%	2.9%
Aug '19	0.1%	6.5%	2.9%
Jul '19	0.6%	7.1%	2.9%
Jun '19	1.2%	12.2%	2%
May '19	3.9%	12.3%	2%
Apr '19	4.8%	12.5%	2%
Mar '19	4.4%	13.1%	2%
Feb '19	1.7%	12.9%	2%
Jan '19	0.4%	13.2%	2%

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Release date

December 2024

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Region

Bulgaria

Survey time period

January 2019 to November 2024

Supplementary notes

According to the source, the Harmonized Indices of Consumer Prices (HICP) measure changes in the prices of consumer goods and services over time. These indices provide comparable measures of inflation.

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