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Bulgaria: Inflation rises to over one-year high in June
Latest reading: Inflation increased to 4.4% in June from May’s 3.7%. June’s result was the highest inflation rate since December 2023. The uptick was due to stronger price pressures for food plus housing, water, electricity, gas and other fuels. Additionally, transport costs fell at a softer rate.
Accordingly, annual average inflation rose to 2.9% in June (May: 2.8%). Meanwhile, harmonized inflation rose to 3.1% in June from May’s 2.9%.
Lastly, consumer prices rose 0.44% in June over the previous month, following the flat result fall seen in May. June’s figure was the highest reading since February.
