The unrelenting rise in consumer prices may ultimately give the Fed no choice but to hike interest rates above the projected peak rate of 4.6% next year, Summers said during an WHERE IT WAS SEEN: Where skies were clear, the eclipse was visible throughout North America in the predawn hours, with prime viewing in the West, and across parts of East Asia, Australia and the rest of the Pacific after sunset. Bulgaria: Inflation comes in at a 24-year high in May June 15, 2022 Consumer prices rose 1.21% in May over the previous month, slowing down from April's 2.46% increase. Mc-site.info panelists project inflation to average 12.0% in 2022, which is up 1.1 percentage points from last months forecast, and 4.9% in 2023. Bulgaria is facing a serious rise in inflation, which in 2022 could double, depending on how the government reacts - warned financial expert and former MP from "There We can still debate the tax rate we want to imposethe point is that we can count on actually collecting whatever tax rate Congress sets. Stats In depth view into Bulgaria Inflation Rate including historical data from 1997, charts and stats. However, prices have increased 13.2 percent from January 2021 to August 2022, costing the average American household $715 last month alone. Bulgaria: Inflation comes in at highest level since May 1998 in September October 18, 2022 Inflation came in at 18.7% in September, up from Augusts 17.7%. Lastly, harmonized inflation rose to 13.4% in May, from the previous month's 12.1%. ), [4] average gross monthly salary of 1,771 leva (906 euro) The annual inflation rate in Turkey rose further to 85.5 percent in October 2022, from 83.5 percent in the previous month, and in line with market forecasts of 85.6 percent. The Senate on August 7 voted 51 to 50 along party lines to pass the Inflation Reduction Act" budget reconciliation bill. Any change to that scenario may be a positive impulse for cyclical stocks, it said, but it adds to the inflation headache for central banks. The next one isn't until 2025. This page provides - United States Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Costs slowed mostly for transport (14.1% vs 17.2% in August) and restaurants & hotels (13.1% vs 13.8%). JPMORGAN CHASE. (BTA) Annual inflation in the EU hit a new high, reaching 8.8% in May 2022, according to data published by Eurostat on Friday. Lastly, harmonized inflation rose to 13.4% in May, from the previous month's 12.1%. Magdalena Reed 18 October, 2022 08:50 Sofia, 18 October 2022 (dpa-AFX/MIA) Bulgarias consumer price inflation accelerated in September to reach its highest level in twenty-four years, data from the National Statistical Institute showed on Monday. "The China situation is a wild card," said This was the lowest figure since May, due to a slowdown in cost of both food and non-food. Chinese inflation is one of the lowest inflation rates in the world at 2.1% as of April 2022. CPI Transportation in Bulgaria decreased to 10541 Index Points in July 2022. The maximum level was 9083 Index Points and minimum was 87.28 Index Points. Data published Monthly by National Statistical Institute. Historical Data (Index Points) by years Data Period Date 10541 Jul/22 25.08.2022 10722 Jun/22 Under the EU-harmonised index consumer price inflation was 13.4% on the year in May Get information on latest national and international events & more. USD. JPM. Gross domestic product (GDP) is the market value of all final goods and services from a nation in a given year. New York CNN Business . Find latest news from every corner of the globe at Reuters.com, your online source for breaking international news coverage. It was the highest reading since September of 2005, even after a recent 150 bps rate hike by the central bank, largely due to a weaker currency that raised the costs of imported products. Inflation Rate in Venezuela decreased to 155.80 percent in October from 157.40 percent in September of 2022. The Laspeyres formula is generally used. The latest comprehensive information for - Bulgaria Inflation Rate Mom - including latest news, historical data table, charts and more. On a monthly basis, consumer prices inched up by 2.5 percent, following a 2.2 percent rise in the previous month. Norways inflation hit a 35-year high last month, driven by clothing and communications, fueling expectations that the central bank may opt to return to a faster It measures the change in prices of goods and services purchased by consumers. The government expects 2022 inflation to be between 4.5-5.5%, while core inflation to average between 2.5-3.5%. In May 2022, the prices of goods and services from the small basket for the lowest 20% of households changed compared to the previous month, as follows: food products - an 30 Oct 2022 0. the bulgarian economy has experienced significant growth (538%), starting from $13.15 billion (nominal, 2000) [27] and reaching estimated gross domestic product (gdp) of $86 billion (nominal, 2022 est.) Prices slowed down mostly for transport (24.2 percent vs 27.8 percent in August); restaurants & hotels (18.1 percent vs 18.4 percent) and recreation & culture (15.8 percent vs 16.9 percent). Bulgaria - Consumer Price Index (CPI) $78.00 Add To Cart Index 1995=100, NSA % Change Sep 2021 Oct 2021 Nov 2021 Dec 2021 Jan 2022 Feb 2022 Mar 2022 Apr 2022 May 2022 Jun 2022 Jul 2022 Aug 2022 Sep 2022 7,000 7,500 8,000 8,500 9,000 9,500 -1% 0% 1% 2% 3% 4% Bulgaria: Consumer Price Index (CPI) Series Information Bulgaria: Price Release Information June 15, 2022 The Sofia Globe staff Kiril Petkov Seventy-five per cent of Bulgarians believe that the current government is failing in the fight against corruption, inflation and on foreign policy, according to a poll by the Alpha Research agency done for Bulgarian National Televisions weekly Referendum talk show. This involves inflation based on the CPI (consumer price index) and the HICP (harmonised consumer price index) . "Inflation is a bigger threat than a pandemic. In depth view into Bulgaria Inflation Rate: Goods including historical data from 1998, charts and stats. Bulgaria Inflation Rate: Energy is at 32.10%, compared to 32.00% last month and 16.00% last year. Inflation Rate in Venezuela averaged 3693.97 percent from 1973 until 2022, reaching an all time high of 344509.50 percent in February of 2019 and a record low of 3.22 percent in February of 1973. He found that by then the 2022 Russian invasion of Ukraine was the principal cause of higher inflation, comprising 3.5% of the 8.6%. Annual inflation rate in the Euro Area continued to break record high levels and jumped to 10.7% in October of 2022 from 9.9% in September. Getty Images. 2022-05-17 Bulgaria March Inflation Highest Since 2008 The annual Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or Annual inflation in Bulgaria in February reached 10%, according to the National Statistical Institute (NSI). Inflation Rate in the United States averaged 3.28 percent from 1914 until 2022, reaching an all time high of 23.70 percent in June of 1920 and a record low of -15.80 percent in June of 1921. It was the highest reading since May of 1998, as prices advanced faster for housing & utilities (30.6 percent vs. 26.8 percent in August), food & non-alcoholic beverages (25.5 percent vs. 24.1 percent), education (8.1 percent vs. 6.4 percent) and clothing Main upward pressures came from prices of food & non-alcoholic beverages (99.1 The Federal Reserve's fight to lower inflation "may lead to a downturn" as the central bank's interest rate increases are "challenged" by still-high consumer savings, still-tight include Australia, Canada, China, Japan and the United States. The World Inflation Rate The average inflation rate around the world is 7.4%. Countries are sorted by nominal GDP estimates from financial and statistical institutions, which are calculated at market or government official exchange rates.Nominal GDP does not take into account differences in the cost of living in different countries, and the results So-called core inflation, less food and energy, also is seen slipping to 6.5% from By bne IntelliNews June 21, 2022 Bulgaria posted the highest level of inflation in Southeastern Europe amongst EU members after annual inflation hit 13.4% in May, according to Eurostats provisional data. Consumer Price Index in Bulgaria increased to 8507 index points in June 2022. Meanwhile, the trend pointed up, with annual average inflation coming in at 8.1% in May (April: 7.0%). Bulgaria Inflation Rate 15.60% for Sep 2022 Overview; Interactive Chart; After the drafting of the Treaty of Versailles on 7 May that year, the German and Allied delegations met and the treaty was handed over to be Utility costs alone jumped 30.6 percent yearly in September and prices for food and Ott Ummelas. Figures came higher than market forecasts of 10.2%, preliminary estimates showed. Bulgarias annual consumer price index (CPI) recorded 15.6 per cent inflation in May 2022, rising from 14.4 per Bulgaria Inflation Rate: Excluding Energy May 2022: Last Updated: Jun 17 2022, 06:10 EDT: Next Release: Jul 19 2022, 05:00 EDT: Long Term Average: 4.87%: Average Growth Rate-115.6%: Value from Last Month: US inflation probably moderated just slightly in October data due Thursday, and yet another above-forecast reading may dash On the other hand, stronger inflationary pressure came from prices of food & non-alcoholic beverages (19.3%, the same It is not a temporary phenomenon. Strengthening Public Expenditure Efficiency: Investment and Social Spending in Bulgaria May 27, 2022 Publications The Managing Directors Speech upon Receiving University of National and World Economy Honorary Degree May 18, 2022 Speeches Bulgaria: Staff Concluding Statement of the 2022 Article IV Mission April 15, 2022 June 15, 2022 The Sofia Globe staff macroeconomic indicators. Prices of energy continue to have the biggest impact (up 41.9% vs 40.7% in September), followed by food, alcohol & tobacco (13.1% vs 11.8%), non-energy The annual inflation of This page provides - Venezuela Inflation Rate - actual values, The annual inflation rate in Bulgaria accelerated to 18.7 percent in September of 2022, from 17.7 percent in the prior month. Inflation Reduction Act: Next steps in applying climate provisions. The annual inflation rate in Chile eased to 13.7 percent in September of 2022, from 14.1 percent in the previous month, but still close to levels not seen in three decades. Food inflation climbed for the seventh straight Bulgaria inflation rate for 2021 was 3.30%, a 1.63% increase from 2020. In depth view into Bulgaria Inflation Rate: Excluding Energy including historical data from 1998, charts and stats. Meanwhile, the trend pointed up, with annual average inflation coming in at 8.1% in May (April: 7.0%). May's result The annual inflation rate in Nigeria accelerated for the eighth straight month to 20.77% in September of 2022 from 20.52% in the prior month. What is CPI Index in Bulgaria? Consumer Price Index in Bulgaria increased to 8602 index points in July 2022. The maximum level was 7295 index points and minimum was 1.51 index points. Data published Monthly by National Statistical Institute. Historical Data (index points) by years Data Period Date 8602 Jul/22 25.08.2022 8507 Annual consumer price inflation is expected to dip to 8% in October, from 8.2% in September. Consumer Price Index in Bulgaria increased to 8602 index points in July 2022. The maximum level was 7295 index points and minimum was 1.51 index points. Data published Monthly by National Statistical Institute. Historical Data (index points) by years Data Period Date 8602 Jul/22 25.08.2022 8507 Jun/22 15.07.2022 Official data showed that food inflation eased to 7.0% from September's 25- month peak (7.0% vs 8.8%), despite a further acceleration in pork Read latest breaking news, updates, and headlines. SOFIA (Bulgaria), January 24 (SeeNews) - Bulgaria's government expects average annual inflation of 5 to 6% in 2022, finance minister Assen Vassilev said. The second and final total lunar eclipse of the year graced the skies in some parts of the world Tuesday. [27] or $203 billion (ppp, 2022 est. It was the highest rate since June of 1998, as the lira extended record-lows and the central bank slashed interest rates. This is higher than the long term average of 8.57%. Bulgaria 2021 3.3 Burkina Faso 2021 3.7 Burundi 2021 8.4 Cabo Verde 2021 1.9 Cambodia 2021 2.9 Cameroon 2021 2.3 Canada 2021 3.4 Cayman Islands 2016 -0.6 Central African Republic Seasonal hiring is expected to plunge by nearly 40% this holiday season as retail, warehouse and transportation companies dramatically cut back amid decades Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. "We expect a pro-inflationary environment in 2022, which has been indicated by both the European Central Bank and the US Federal Reserve. Bulgaria Bulgaria annual inflation hits fresh 13-year high 9.1% in January February 15, 2022 The Sofia Globe staff macroeconomic indicators, new coronavirus Bulgarias annual consumer price index (CPI) recorded 9.1 per cent inflation in January 2022, data released by the National Statistical Institute (NSI) on February 15 showed. In February 1919, Foreign Minister Count Ulrich von Brockdorff-Rantzau informed the Weimar National Assembly that Germany would have to pay reparations for the devastation caused by the war, but would not pay for actual war costs. The annual inflation rate in Kosovo eased for the second month to 12.7% in September of 2022, the lowest since May, from 13% in the prior month. In his publication in Forbes, he defended the thesis that galloping, when talking about economic indicators, may be present with inflation below 2% and when it is 20%. As of September 2022, the inflation rate in the European Union was 10.9 percent, with prices rising fastest in Estonia, which had an inflation rate of 24.1 percent. This page shows the inflation figures for 2022 for a large number of countries so that you can easily compare them with one another. Inflation Rate in Japan averaged 2.84 percent from 1958 until 2022, reaching an all time high of 24.90 percent in February of 1974 and a record low of -2.50 percent in October of 2009. ), gdp per capita of $31,148 (ppp, 2022 est. Consumer prices surged 18.7% year-over-year in September, faster than the 17.7% rise in August. Inflation Rate in Singapore averaged 2.54 percent from 1962 until 2022, reaching an all time high of 34.30 percent in March of 1974 and a record low of -3.10 percent in September of 1976. Economy Commissioner Paolo Gentiloni stressed that the latest data from Brussels point to a fiscal expansion of 200 billion in 2022, equivalent to 2% of GDP. The CPI is often considered a countrys most important inflation figure. The latest inflation was reportedly the highest since May 1998, when it was 18.8 percent. Bulgaria is facing a serious rise in inflation, which in 2022 could double, depending on how the government reacts - warned financial expert and former MP from "There Is Such a People" Mika Zaykova. China's annual inflation dropped to 2.1% yoy in October 2022 from 2.8% in the prior month, compared with market consensus of 2.4%. Mark Zandi, chief economist of Moody's Analytics, analyzed United States Consumer Price Index components following the May 2022 report that showed an 8.6% inflation rate in the US. Sofia, 17.06.2022 18:07. The May 2022 Financial Stability Review (FSR) has been prepared against the backdrop of the devastating invasion of Ukraine. While the nominal tax rate is 21%, in what actual Chinese consumers pay. 131.45. Bulgaria's annual inflation fell to 1.2 percent in July 2020 from 1.6 percent in the previous month. Wall Street is waiting for the results of Tuesdays midterm election like the rest of the world, but traders say this weeks inflation report may However, like in many other countries, the official China Inflation Rate may not represent real-life inflation i.e. May 17, 2022 June 15, 2022 The Sofia Globe staff macroeconomic indicators, new coronavirus Bulgarias annual consumer price index (CPI) recorded 14.4 per cent inflation in For the seventh straight < a href= '' https: //www.bing.com/ck/a by years Data Period Date 10541 Jul/22 25.08.2022 Jun/22. 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