Bulgaria's annual CPI inflation slows down to 0.9% in Sept

Bulgaria's annual CPI inflation slows down to 0.9% in Sept

Bulgaria's consumer prices rose by 0.9% year-on-year in September following a 1.2% increase in August, the National Statistical Institute (NSI) said on Wednesday.

On a monthly comparison basis, consumer prices fell by 0.6% in September, after remaining unchanged in the previous month, NSI said in a monthly inflation report.

The year-on-year rise in the consumer price index (CPI) was supported mainly by a 4.2% increase in the prices of food and non-alcoholic beverages, which have the largest weight in the consumer basket.

Prices in the transport sector, which have the third largest weight in the consumer price index, fell the most in September - by 9.7% year-on-year.

The subindex tracking the other major category - housing, water, electricity, gas and other fuels, edged up 0.7% on the year.

Bulgaria’s EU-harmonised consumer price index (HICP) rose by 0.6% on an annual comparison basis in September and was 1.2% lower compared to the August level.

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