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UPDATE 1 - Bulgaria's annual inflation speeds up to 2.6% in May

UPDATE 1 - Bulgaria's annual inflation speeds up to 2.6% in May tanatat/Shutterstock.com

SOFIA (Bulgaria), June 13 (SeeNews) - Bulgaria's annual consumer price inflation accelerated to 2.6% in May from 2.0% in April, the National Statistical Institute (NSI) said on Wednesday.

On a monthly comparison basis, consumer prices added 0.3% in May, after rising by 0.4% in April, 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 2.1% year-on-year in April, while transport prices (8.7% weight) rose 4.2%.

Prices of housing, water, electricity, gas and other fuels (18.22% weight) increased 4.0% on the year.

Bulgaria’s EU-harmonised consumer price index (HICP) rose 2.3% on the year in May and was 0.4% higher compared to April.

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