24.10.2022

EUROSTAT: ANNUAL INFLATION IN BULGARIA WITH GROWTH UP TO 15.6% IN SEPTEMBER

Annual inflation in the European Union, as measured by the Harmonized Index of Consumer Prices, accelerated in September to 10.9 percent from 10.1 percent in August. A year earlier - in September 2021 - inflation in the Union was at a level of 3.6 percent.

At the same time, inflation in the Eurozone in September reached 9.9 percent compared to the same month in 2021, when it was only 3.4 percent. In August, the annual change in consumer prices in the monetary union amounted to 9.1 percent. This is shown by the latest data of the European statistical agency Eurostat, published on its website.

In September, compared to August, the growth rates of consumer prices in both the EU and the Eurozone registered an increase of 1.2 percent.

In Bulgaria, the annual inflation according to the Harmonized Index of Consumer Prices rose to 15.6 percent in September, which is 0.6 percentage points more than the August values ​​of the indicator. In September 2021, again on an annualized basis, native consumer price inflation was at 4 percent.

In September compared to August, Bulgarian inflation increased by 0.7 percent.

On October 17, the National Statistical Institute reported that the annual inflation in our country in September reached 18.7 percent.

The lowest annual rates of price growth were recorded in France (6.2 per cent), Malta (7.4 per cent) and Finland (8.4 per cent). At the other end of the scale, with the highest annual levels of the indicator are Estonia (24.1 percent), Lithuania (22.5 percent) and Latvia (22 percent). Compared to August, annual inflation in September fell in six member states, maintained its level in one, and increased in twenty.

In September, energy prices (+4.19 percentage points), followed by those of food, alcohol and tobacco (+2.47 pp), services (+1, 80 pp) and non-energy industrial goods (+1.47 points).