Bulgaria Registers 4.8% Inflation Y/Y in May 2011
The consumer price index (CPI) in Bulgaria in May 2011, compared to April 2011, was 100%, meaning the monthly inflation was 0%.
The data was reported Tuesday by the National Statistical Institute (NSI).
The inflation rate since the beginning of the year (May 2011 compared to December 2010) was 2.6% and the annual inflation in May 2011 compared to May 2010 was 4.8%.
The annual average inflation, measured by CPI, in the last 12 months (June 2010 - May 2011) compared to the previous 12 months (June 2009 - May 2010) was 4.0%.
In May 2011 compared to the previous month prices of goods and services in the main consumer groups have been changed as follows: food and non-alcoholic beverages - a decrease of 0.5%; alcoholic beverages and tobacco - a decrease of 0.2%; clothing and footwear - an increase of 0.5%; housing (rentals, maintenance and repair), water, electricity, gas and other fuels - prices have remained at the level of the previous month; furnishings, household equipment and routine maintenance of the house - an increase of 0.4%; health - an increase of 0.1%; transport - an increase of 1.6%; communications - a decrease of 0.1%; recreation and culture - a decrease of 0.2%; education - prices have remained at the level of the previous month; restaurants and hotels - an increase of 0.2%; miscellaneous goods and service - prices have remained at the level of the previous month.
The harmonized index of consumer prices (HICP) in May 2011, compared to April 2011, was 100.1%, i.e. the monthly inflation was 0.1%.
The inflation rate since the beginning of the year (May 2011 compared to December 2010) was 1.4% and the annual inflation in May 2011 compared to May 2010 was 3.4%
The annual average inflation, measured by CPI, in the last 12 months (June 2010 - May 2011) compared to the previous 12 months (June 2009 - May 2010) was 3.7%. (Source: Sofia News Agency)