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UPDATE 1 - Bulgaria's annual inflation speeds up to 3.7% in August

UPDATE 1 - Bulgaria's annual inflation speeds up to 3.7% in August Inflation

SOFIA (Bulgaria), September 15 (SeeNews) - Bulgaria's consumer prices went up 3.7% on the year in August, following a 3% increase in July, the National Statistical Institute (NSI) said on Wednesday.

On a monthly comparison basis, consumer prices rose 0.8% in August, at the same pace as in the previous month, NSI said in a monthly inflation report.

The highest annual price rise, of 15.3%, was registered in the transport sector, which has the third-highest weight in the consumer basket.

Prices of food and non-alcoholic beverages, which have the largest weight in the consumer basket, added 3.6% year-on-year. The sub-index tracking the other major category - housing, water, electricity, gas and other fuels, increased by 5.0% on the year.

Bulgaria’s EU-harmonised consumer price index (HICP) rose by 2.5% on an annual comparison basis in August and was 0.7% higher compared to its July level.

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