Bulgaria inflation climbs further in March


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Bulgaria's consumer price inflation increased to the highest level since mid-2008, data from the Sofia-based National Statistical Institute (NSI) showed on Tuesday. Consumer prices rose 12.4% annually in March, following a 10% rise in February.

The latest inflation was reportedly the highest since July 2008, when it was 14.5%.

Transport cost increased 26.7% yearly in March and prices for food and non-alcoholic beverages rose 17.4%.

Prices for housing, water, electricity, gas and other fuels, and restaurants and hotels rose by 14% and 13.6%, respectively.

On a monthly basis, consumer prices rose 2.2% in March, following a 1.4% growth in the previous month.

The harmonized index of consumer prices (HICP) rose 2.1% monthly and grew 10.5% yearly in March.


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