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UPDATE 1 - Bulgaria's annual inflation speeds up to 2.2% in March

UPDATE 1 - Bulgaria's annual inflation speeds up to 2.2% in March tanatat/Shutterstock.com

SOFIA (Bulgaria), April 16 (SeeNews) - Bulgaria's consumer price inflation quickened to 2.2% year-on-year in March, from 2.0% in the previous month, the National Statistical Institute (NSI) said on Monday.

On a monthly comparison basis, consumer prices edged down by 0.3% in March, after rising by 0.3% in February, NSI said in its monthly inflation report.

Prices of food and non-alcoholic beverages, which have the largest weight of 31.3% in the consumer basket, added 1.2% year-on-year in March, while prices of housing, water, electricity, gas and other fuels (18.22% weight) rose 5.0%.

Prices in the transport segment (8.8% weight) rose 1.3% year-on-year in March.

Bulgaria’s EU-harmonised consumer price index (HICP) rose 1.9% on the year in March and was 0.2% lower compared to February.

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