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HICP inflation up 0.4% MoM and 2.3% YoY in May’18, surpasses 2% annually for a first time since February’13

Bulgaria’s May’18 harmonized consumer price index /HICP/ increased by 0.4% MoM. The prices of food and non-alcoholic drinks, which have the largest weight in the index increased 0.2% MoM, the prices of alcohol beverages and tobacco products remained flat MoM, while the prices of clothing and footwear added 0.6% MoM after previous decline. The HICP increased by 2.3% YoY and the average annual HICP for the 12 month period June’17 – May’18 increased by 1.5% compared the same period in the previous year.

Source: NSI, FFBH

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