Bulgaria Registers Monthly Inflation of 0.2% in February 2015

Business | March 13, 2015, Friday // 13:44|  views

Bulgaria's National Statistical Institute, photo by BGNES

The consumer price index in February 2015, as compared to January 2015, stood at 100.2% and the monthly inflation amounted to 0.2%, according to data of Bulgaria’s National Statistical Institute (NSI).

The inflation rate in February 2015, as compared to December 2014, stood at -0.2%.

The annual inflation rate in February 2015, as compared to February 2014, stood at -0.5%.

The annual average inflation, measured by CPI, in the past 12 months (March 2014 - February 2015), as compared to the previous 12 months (March 2013 - February 2014), was - 1.1%.

In February 2015, prices of goods and services in the main consumer groups changed as follows on a monthly basis:
•Food and non-alcoholic beverages - an increase of 1.2%;
•Alcoholic beverages and tobacco - a decrease of 0.1%;
•Clothing and footwear -a decrease of 2.5%;
•Housing (rentals, maintenance and repair), water, electricity, gas and other
fuels - prices remained unchanged;
• Furnishings, household equipment and routine maintenance of the house- a decrease of 1.2%
• Health - an increase of 0.1%;
• Transport - a decrease of 0.3%;
• Communications - an increase of 0.1%;
• Recreation and culture - a decrease of 0.1%;
• Education - an increase of 0.3%;
• Restaurants and hotels - prices remained unchanged;
•Miscellaneous goods and service - a decrease of 0.4%.

According to final data of the NSI, the consumer price index in January 2015, as compared to December 2014, was 99.6%, i.e. the monthly inflation stood at -0.4%.

The harmonized index of consumer prices in February 2015, as compared to January 2015, stood at 100.1%, i.e. the monthly inflation was 0.1%.

The inflation rate in February 2015, as compared to December 2014, was -0.6% and the annual inflation in February 2015, as compared to February 2014, amounted to -1.7%.

The annual average inflation, measured by HICP, in the past 12 months (March 2014 - February 2015), as compared to the previous 12 months (March 2013 - February 2014), stood at -1.7%.

In terms of HICP, prices of goods and services in the main consumer groups changed as follows on a monthly basis:
• Food and non-alcoholic beverages - an increase of 1.1%;
•Alcoholic beverages and tobacco - a decrease of 0.1%;
•Clothing and footwear - a decrease of 2.3%;
• Housing (rentals, maintenance and repair), water, electricity, gas and other fuels - prices remained unchanged;
• Furnishings, household equipment and routine maintenance of the house -a decrease of 0.1%;
• Health - an increase of 0.1%;
• Transport - a decrease of 0.5%;
• Communications - prices remained unchanged;
• Recreation and culture – a decrease of 0.3%;
• Education - an increase of 0.4%;
• Restaurants and hotels - a decrease of 0.1%;
• Miscellaneous goods and service - a decrease of 0.2%

According to final data of the NSI, the harmonized index of consumer prices in January 2015, as compared to December 2014, stood at 99.3%, i.e. the monthly inflation was - 0.7%.

The price index of a small basket in February 2015, as compared to January 2015, was 100.5% and the overall increase since the beginning of the year (February 2015 as compared to December 2014) was 100.8%.

In February 2015, as compared to the January 2015, prices of goods and services included in the small basket for the 20% of households with the lowest income changed as follows:
•Food products - an increase of 1.3%;
•Non-food products - a decrease of 0.9%;
•Services - prices remained unchanged.

According to final data of the NSI, the price index of a small basket in January 2015, as compared to December 2014, was 100.4%.

 


Tags: National Statistical Institute, NSI, consumer price index, CPI, inflation

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