Bulgaria Annual Inflation Slows in February

Photo by xtock/Shutterstock.com

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.

Energy Trade

MVM H1 Revenue Falls 22% Y.O.Y.

EU

EU to Deduct EUR 200 mln Fine From Hungary Funding

Tourism

Tourism Sector on the Upturn

Figures

VC Investments in CEE at EUR 940 mln in Q2 2024 – Vestbee

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For over 30 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.