Bulgaria's inflation at 16.4% y/y in January

Kitco Media
By Reuters
Published:
Updated:
Reuters
SOFIA, Feb 15 (Reuters) - Bulgaria's consumer price inflation eased to 16.4% on an annual basis in January from 16.9% a month earlier, data from the statistics office showed on Wednesday. Consumer prices increased by 1.1% in January on a monthly basis compared with 0.9% increase in December, the statistics office said. Under the EU-harmonised index consumer price inflation was 14.1% on the year in January. On a monthly basis, consumer prices rose by 1.0%, data showed. The finance ministry sees inflation, fueled by a spike in energy costs, the war in Ukraine and the imposed sanctions on Russia, easing in 2023 to an annual average of 6.4% under the EU harmonised index.
CONSUMER PRICE JAN 2023 DEC 2022 JAN 2022 INFLATION
M/M % CHANGE +1.1 +0.9 +1.5 Y/Y % CHANGE +16.4 +16.9 +9.2
(Reporting by Tsvetelia Tsolova)

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