July Annual Inflation Rises to 2.6% in Bulgaria, Falls to 1.4% in EU

Bulgaria's July annual inflation stood at 2.6 per cent, up from 2.3 per cent in June and down from 3.6 per cent in July 2018.

The EU annual inflation rate was 1.4 per cent in July 2019, down from 1.6 per cent in June, Eurostat reported. The euro area annual inflation rate was 1.0 per cent in July 2019, down from 1.3 per cent in June. In July 2018, both the EU and euro area inflation rates were 2.2 per cent.

The lowest annual rates were registered in Portugal (minus 0.7 per cent), Cyprus (0.1 per cent) and Italy (0.3 per cent). The highest annual rates were recorded in Romania (4.1 per cent), Hungary (3.3 per cent), Latvia and  Slovakia (both 3.0 per cent). Compared with June, annual inflation fell in fifteen Member States, remained stable in two and rose in eleven.

Source: BTA