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Inflation in Bulgaria was 1% on a monthly basis in July, national statistics show.
This is the highest value in years (since June 2012) and the first one above zero since October of last year when a positive 0.2% was posted.
The annual average inflation, measured by CPI, in the last 12 months (August 2015 - July 2016) compared to the previous 12 months (August 2014 - July 2015) was -0.8%.
The consumer price index in July 2016 compared to June 2016 was 101.0%, i.e. the monthly inflation was 1.0%. The inflation rate since the beginning of the year (July 2016 compared to December 2015) has been -0.2% and the annual inflation in July 2016 compared to July 2015 was -0.2%.
In July 2016, compared to the previous month, an increase was observed in the price of the following groups of consumer goods: food and non-alcoholic beverages (1.7%); transport (1.8%); recreation and culture (6.3%); restaurants and hotels (1.2%); miscellaneous goods and services (0.3%).
Prices decreased in clothing and footwear (2.2%); furnishings, household equipment and routine maintenance (0.5%); health (0.1%).
Prices remained at the same level as in the previous month in alcoholic beverages and tobacco; housing, water, electricity, gas and other fuels; communications; and education.
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