Stability Reigns: Sofia Real Estate Market Thrives Despite Uncertain Times
The real estate sector in Sofia has shown resilience in the face of ongoing pandemic challenges, maintaining stability across all segments in the first quarter of the year
The consumer price index in March 2019 compared to February 2019 was 100.1%, i.e. the monthly inflation was 0.1%, according to the National Statistical Institute.
The inflation rate since the beginning of the year (March 2019 compared to December 2018) has been 1.2% and the annual inflation in March 2019 compared to March 2018 was 3.6%. The annual average inflation, measured by CPI, in the last 12 months (April 2018 - March 2019) compared to the previous 12 months (April 2017 - March 2018) was 3.1%.
In March 2019 compared to the previous month the prices of goods and services in the main consumer groups changed as follows: • Food and non-alcoholic beverages - an increase of 0.2%;
• Alcoholic beverages and tobacco - an increase of 0.2%;
• Clothing and footwear - a decrease of 0.6%;
• Health - an increase of 0.1%;
• Transport - an increase of 2.3%;
• Communications - a decrease of 0.1%;
• Recreation and culture - a decrease of 3.9%;
• Education - an increase of 0.4%;
• Restaurants and hotels - an increase of 0.3%;
• Miscellaneous goods and service - an increase of 0.4%.
The harmonized index of consumer prices in March 2019 compared to February 2019 was 100.2%, i.e. the monthly inflation was 0.2%.
The inflation rate since the beginning of the year (March 2019 compared to December 2018) has been 0.7% and the annual inflation in March 2019 compared to March 2018 was 2.8% . The annual average inflation, measured by HICP, in the last 12 months (April 2018 - March 2019) compared to the previous 12 months (April 2017 - March 2018) was 2.9%.
The price index of a small basket in March 2019 compared to February 2019 was 100.2% and the overall increase since the beginning of the year (March 2019 compared to December 2018) has been 102.3%.
In March 2019 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 0.2%;
• Non-food products - an increase of 0.2%;
• Services - the prices remained at the level of the previous month.
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