HICP was negative again in Jun’20

16.07.2020 Source: NSI; FFBH

Bulgaria’s Jun’20 harmonized consumer price index /HICP/ fell 0.1% on a monthly basis. On an annual basis, however, it added 0.9%. Prices of food and non-alcoholic drinks, which have the largest weight in the index, lost 0.7% MoM (+6.6% YoY). Prices of utilities remained flat (+0.3% YoY), while those of transportation shed 0.1% MoM (-8.5% YoY). The price index for restaurant sand hotels advanced by 1.9% MoM (+2.3% YoY). YTD inflation was negative as well and stood at -0.7% while the average annual HICP for the last 12 months was 2.1%.