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Financial News: Bulgaria Inflation Slows In February

Bulgaria Inflation Slows In February

03/16/2020 - 06:42:00 (RTTNews)

(RTTNews) - Bulgaria's consumer price inflation eased in February after rising in the previous month, figures from the National Statistical Institute showed on Monday.

The consumer price index rose 3.7 year-on-year in February, after a 4.1 percent increase in January. In December, inflation was 3.8 percent.

Prices in food and non-alcoholic beverages grew 6.9 percent annually in February, while communication costs declined 2.0 percent.

On a monthly basis, consumer prices edged up 0.1 percent in February, after a 0.9 percent rise in the previous month.

The EU measure of harmonized index of consumer prices, or HICP, rose 3.1 percent annually in February and remained unchanged from the previous month.

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