Bulgaria: Inflation moderates in July
August 18, 2017
Consumer prices rose 0.3% in July compared to the previous month, contrasting June’s 0.5% decrease. According to the Statistical Institute, the increase reflected higher prices in 7 out of 12 categories that make up the index.
On an annual basis, inflation came in at 1.3% in July (June: +1.9% year-on-year). Despite July’s decline, the annual average variation in consumer prices increased from 0.8% in June to 0.9% in July.
Author: Christopher Mc Innes, Economist