Bulgaria: Decrease in consumer prices softens in August
August 12, 2014
In August, consumer prices fell 0.25% over the previous month, which contrasted the 0.43% rise tallied in July. According to the National Statistical Institute, the decrease was mainly driven by lower prices for food and non-alcoholic beverages as well as for clothing and footwear.
Consumer prices in August fell 0.6% over the same month last year, which was softer than the 1.0% decline tallied in the previous month. August’s figure marked the 13th consecutive drop in consumer prices and the weakest decrease since July 2013. Annual average inflation stayed constant at July’s 1.7%.