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Bulgaria February Inflation Up 0.9% Y/Y

Date: 06.03.2010

The price increase in Bulgaria for the entire 2009 was 0.6 %, NSI data reveals

Inflation in Bulgaria is up 0.9 % for the month of February year on year, according to data published by the National Statistics Institute (NSI).

In January, inflation was up 0.5 % compared to January 2009.

The monthly inflation (February 2010 compared with January 2010) is almost unchanged, 0.6 %.

The price increase for the entire 2009 was 0.6 %, but for the October – November period deflation was registered for the first time since the beginning of the economic crisis.

The cabinet forecasts a 2.2 % inflation for 2010 based on expectations for recovery of the economy and increased demand for goods and services.

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