Bulgaria's annual inflation accelerated in July, after weakening in the previous month, data released by the National Institute of Statistics showed Monday.
The consumer price index increased 3.1 percent on an annual basis in July, after rising 1.6 percent in June. In May, the rate of growth was 1.7 percent.
Food and non-alcoholic beverages prices moved up 2.4 percent annually during the month, while clothing and footwear prices dropped 0.5 percent. There was a 10.2 percent rise in housing costs and utility prices during the month, and a 3.6 percent gain in transportation costs.
Month-on-month, consumer prices advanced 1.5 percent during the month, reversing the previous month's 1 percent decrease.
The harmonized index of consumer prices, measured under the EU methodology, increased 1.1 percent month-on-month in July, taking the annual growth to 2.4 percent.
by RTT Staff Writer
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