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World

Bulgaria inflation speeds up to 3.6pc y/y in March

Published Updated

SOFIA: Bulgaria's consumer inflation increased to 3.6 percent on the year in March from 3.2 percent a month earlier mainly due to a rise in food prices, data from the statistics office showed on Monday.

Consumer prices growth slowed to 0.1 percent on the month in March after a 0.5 percent increase in the previous month, the office said.

Under the EU-harmonised index, where non-food prices have more weight, consumer prices rose 2.8 percent on the year in March and 0.2 percent on the month.

The finance ministry sees inflation easing to 2.4 percent at the end of 2019 compared with 2.7 percent at the end of 2018.

Copyright Reuters, 2019

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