Bulgaria’s annual consumer price index (CPI) recorded two per cent inflation in April, down 0.2 percentage points compared to a month earlier, despite 0.4 per cent inflation on a monthly basis, according to data released by the National Statistical Institute (NSI) on May 15.
In monthly terms, it was the ninth time that consumer prices rose in the past 12 months. Food prices were 0.9 per cent higher compared to March and non-food prices were up 0.7 per cent, while services prices shrank by 0.3 per cent.
Compared to April 2017, food prices were 1.2 per cent higher, while non-food and services prices rose by 1.4 per cent and 3.5 per cent, respectively.
The harmonised CPI figure, calculated by NSI for comparison with European Union data, recorded an increase of 0.3 per cent on a monthly basis, while the annual harmonised CPI in April showed a 1.7 per cent increase.
Food and beverage prices were one per cent higher, on an annual basis, while the price of utilities and housing has increased by 3.2 per cent and transportation costs were 0.3 per cent lower compared to a year earlier. The three categories account for about 49.7 per cent of the harmonised CPI basket.