KEYWORDS TODAY:   BSPRESIGNATIONKTB

HOT: » Outgoing Parliament Speaker Mihail Mikov to take over from Sergey Stanishev as Chairman of the Bulgarian Socialist Party

Bulgaria's Inflation Accelerates Further in January

Business » FINANCE | February 14, 2013, Thursday // 15:39| Views: 1126 | Comments: 0
  • Send to Kindle
Bulgaria: Bulgaria's Inflation Accelerates Further in January Food and non-alcoholic beverages prices climbed 6.9% annually in January. Photo by BGNES

Bulgaria's consumer price inflation quickened further in January on the back of higher spending for heating, electricity and transport, data of the statistics office showed on Thursday.

Prices went up by 4.4% on an annual basis in January, after rising 4.2% in December.

On a monthly basis, the consumer price index edged up by 0.4% in January, just the same as the previous month.

Food and non-alcoholic beverages prices climbed 6.9% annually, while clothing and footwear prices decreased 1.9%.

There was a 9.5% annual growth in housing costs and utility prices, and a 2.2% rise in transportation costs in January year-on-year.

Meanwhile the harmonized index of consumer prices, which takes into account the consumption of foreigners in the country and is measured under the EU methodology, increased by 2.6% on an annual basis in January and edged up 0.2% on a monthly basis.

The government has forecast that inflation, calculated using European Union methodology, will accelerate 3.4% in 2013.

Finance » Be a reporter: Write and send your article
Tags: Bulgaria, consumer price, inflation
Expats.bg All Are Welcome! Join Now!

Leave a comment


Bulgaria news Novinite.com (Sofia News Agency - www.sofianewsagency.com) is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." Novinite.com (Sofia News Agency - www.sofianewsagency.com) and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria