Bulgaria Registered 0.1% Deflation in June

Business | July 12, 2016, Tuesday // 12:01
Bulgaria: Bulgaria Registered 0.1% Deflation in June File photo

Inflation in Bulgaria was a negative 0.1%, down from a zero during the previous month, latest statistics show.

The index of consumer prices (CPI) in June was respectively 99.9%, compared to May of the same year, the National Statistical Institute (NSI) says.

Inflation rate in June 2016 has been -1.1% if compared to December 2015 and -1.3% if compared to June 2015, according to the figures.

The annual average inflation, measures by CPI, was also negative (-0.8%) for July 2015-June 2016 if compaerd to the same period of the previous year.

In June of this year, prices decreased for food and non-alcoholic beverages (by 1.1%) and for clothing and footwear (by 0.6%).

A number of consumer groups saw a mild increase such as alcoholic beverages and tobacco (0.1%); housing, water, electricity, gas and other fuels (0.1%); furnishings, household equipment and routine maintenance of the house (0.2%); recreation and culture (0.2%); and miscellaneous goods and service (0.2%).

A slightly bigger increase was observed in restaurants and hotels (0.8%) and transport (1.7%).

Prices in communications, health and education remained unchanged.

We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!

Business » Be a reporter: Write and send your article
Tags: inflation, deflation, NSI

Advertisement
Advertisement
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