Bulgaria inflation rate picks up in June
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Bulgaria's consumer prices rose by 2.7% year-on-year in June following a 2.5% increase in May, the Sofia-based National Statistical Institute (NSI) said on Wednesday.
It was the highest reading since March of 2020, mainly due to increases in prices for transport (12.8%), housing & utilities (3.4%), recreation & culture (9.5%) and education (5.3%).
Prices rose also for food & non-alcoholic beverages by 0.7% and restaurants & hotels by 2.4%. On the other hand, cost for clothing & footwear fell by 1.3% and prices for communication went down by 3%.
On a monthly basis, consumer prices fell 0.2% in June, after a 0.1% uptick in the month prior. The country's EU-harmonized consumer price index (HICP) rose by 2.4% on an annual comparison basis in June and was unchanged compared to its May level.
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