In the Eurozone: Annual Inflation Slips to 2.6%
In February 2024, the euro area witnessed a decline in its annual inflation rate, dropping to 2.6% from January's 2.8%
HOT: » Assessing the Legacy of Bulgaria's "Denkov" Cabinet: Achievements, Failures, and What Comes Next
The consumer price index in December 2018 compared to November 2018 was 100.0%, i.e. the monthly inflation was 0.0%, reported the National Statistical Institute (NSI). The annual inflation in December 2018 compared to December 2017 was 2.7%.
The annual average inflation, measured by CPI, in the last 12 months (January - December 2018) compared to the previous 12 months (January - December 2017) was 2.8%. Figure 1. Inflation measured by CPI.
In December 2018 compared to the previous month the prices of goods and services in the main consumer groups changed as follows:
Food and non-alcoholic beverages - a decrease of 0.1%;
Alcoholic beverages and tobacco - an increase of 0.5%;
Clothing and footwear - a decrease of 1.1%;
Housing, water, electricity, gas and other fuels - an increase of 0.1%;
Furnishings, household equipment and routine maintenance of the house - the prices remained at the level of the previous month; Health - the prices remained at the level of the previous month;Transport - a decrease of 2.7%;
Communications - an increase of 0.3%;
Recreation and culture - an increase of 4.3%;
Education - a decrease of 0.1%;
Restaurants and hotels - an increase of 0.3%;
Miscellaneous goods and service - a decrease of 0.3%.
The harmonized index of consumer prices in December 2018 compared to November 2018 was 100.0%, i.e. the monthly inflation was 0.0%. The annual inflation in December 2018 compared to December 2017 was 2.3%.
The price index of a small basket in December 2018 compared to November 2018 was 100.1% and the overall increase since the beginning of the year (December 2018 compared to December 2017) has been 103.3%. In December 2018 compared to the previous month the prices of goods and services in the small basket for the 20% households with the lowest income changed as follows:
Food products - an increase of 0.3%;
Non-food products - a decrease of 0.2%;
Services - the prices remained at the level of the previous month.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
Bulgaria is on track to meet the inflation benchmark required for Eurozone membership by September
Bulgaria emerges as a surprising leader in the realm of gold ownership, securing its position among the top three countries in Europe per capita
Consumers may have noticed a slight uptick in fuel prices over the past month, with gasoline and diesel seeing modest increases in Bulgaria
Bitcoin, the leading cryptocurrency, has surged to a new record high, surpassing $70,000 for the first time and reaching a peak of around $71,300,
The National Statistical Institute (NSI) has released preliminary data revealing that Bulgaria's gross domestic product (GDP) experienced a modest growth of 1.8% in real terms in 2023
According to data from the Institute for Social and Trade Union Research at the National Council of National Statistics, women in Bulgaria receive wages that are on average 12.6 % lower than men, but in several economic sectors, the differences are signif
Norwegian Inspiration: Bulgaria's Move Towards Environmentally Friendly Prisons
Nexo Is Suing Bulgaria For Over $3 Billion