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Jun’19 HICP remains flat MoM, YoY inflation retracts to 2.3%

Bulgaria’s Jun’19 harmonized consumer price index /HICP/ did not change MoM, which lowered the YoY inflation to 2.3%. The prices of food and non-alcoholic drinks, which have the largest weight in the index, decreased by 1.3% MoM (+4.5% YoY) as did the aggregates for transportation and communication services which declined by 0.2% and 1.2% respectively MoM (0.5% and 3.6% YoY).The price index for restaurant and hotels gained 4% MoM (+6.3% YoY) keeping the index flat. The average annual increase in HICP for the last 12 months remained 3%.

Source: NSI, FFBH

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