Bulgaria Annual Inflation Slows in February
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Bulgaria's consumer prices rose by 16% year-on-year in February following a 16.4% increase in January, the National Statistical Institute (NSI) said on Wednesday.
On a monthly basis, inflation decelerated as well, edging up 0.8% in February after quickening 1.1% in the previous month. T
he monthly increase was largely due to higher prices in food and non-alcoholic beverages, by 2.4%, along with price rises in communications, by 1.9%, and hotels and restaurants, 1.1%.
On the other hand, monthly price drops were recorded in housing, utilities and fuels and in clothing and footwear, 1.2% respectively.
Data from the Sofia-based agency also showed that the EU-harmonized consumer price index (HICP) went down to 13.7% year-on-year and inched up by 0.7% on month in February.
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