Bulgaria: Inflation speeds up in January
February 14, 2013
In January, consumer prices added 0.40% over the previous month, which was above the 0.39% increase recorded in December. The monthly reading reflected higher prices for food and non-alcoholic beverages.
As a result of the monthly increase, annual inflation rose from 4.2% in December to 4.4% in January. Meanwhile annual average inflation inched up from 3.0% in December to 3.1% in January, which marked the highest level since April last year.
The government expects HICP inflation to accelerate to 3.4% this year