Bulgaria inflation hits 5.1% annually in August

Bulgaria's National Statistical Institute reported that inflation reached 0.6% on a monthly basis and 5.1% annually for August. The primary drivers of price increases were fuel and transportation services, which rose by 5.5% over the month.

Specific price hikes included a 13.5% increase in diesel and a 4% rise in A95 gasoline. Additionally, vehicle repair and services saw a 14.8% increase, while passenger car vignettes rose by 30%. International airfares also climbed by 11.2% during the month. Other sectors seeing growth included alcohol, tobacco, restaurants, and hotels, all rising by 0.8%.

Conversely, some sectors experienced price decreases, including clothing and footwear (-2.0%), healthcare (-0.4%), and food and non-alcoholic beverages (-0.1%).