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UPDATE 1 - Bulgaria's annual inflation speeds up to 3.8% in Dec

UPDATE 1 - Bulgaria's annual inflation speeds up to 3.8% in Dec xtock/Shutterstock.com

SOFIA (Bulgaria), January 15 (SeeNews) - Bulgaria's consumer prices rose by 3.8% year-on-year in December, after increasing by 3.0% in November, the National Statistical Institute (NSI) said on Wednesday.

The average annual inflation in 2019 was 3.1%, NSI said in a monthly inflation report.

On a monthly comparison basis, consumer prices added 0.7% in December, after increasing by 0.5% in the previous month.

Prices of food and non-alcoholic beverages, which have the largest weight in the consumer basket, rose 7.0% year-on-year in December, while prices of housing, water, electricity, gas and other fuels grew 2.4%.

Transport prices added 3.4% year-on-year in December. 

Bulgaria’s EU-harmonised consumer price index (HICP) rose 3.1% on the year and has 0.8% higher compared to the November level.

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