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Inflation stays at 3.6% y-o-y in February


The consumer price index (CPI) amounted to 3.6% y-o-y in February, unchanged from the previous month (the January figure has been revised downwards from 3.8% y-o-y), the Central Statistical Office (GUS) reported. The result was well below market expectations, which averaged 3.9% y-o-y.

The highest price increase in the 12 months to February was noted in transport (a category that includes car fuel), up by 6.5% y-o-y, followed by housing and energy (up by 5.5% y-o-y), food and non-alcoholic beverages (up by 5% y-o-y) and alcoholic beverages and tobacco products (up by 4.2% y-o-y). In hotels and restaurants prices went up by 3.7% y-o-y, in healthcare by 3.5% y-o-y, in education by 2.7% y-o-y, while in recreation and culture they inched up by 0.3% y-o-y. By contrast, clothing and footwear prices were down by 4.2% y-o-y, while communication charges slipped 1.1% y-o-y.

On a month-on-month basis, the CPI was 0.2%.

In 2010 consumer prices rose by 2.6% y-o-y.

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