Price indices

The annual inflation rate declined slightly, to 3.3 percent in December 2018, from 3.4 percent in November, according to data released by the National Institute of Statistics on Monday.

The annual inflation rate is thus below the 3.5 percent forecast of the National Bank of Romania (BNR) announced for 2018.

The consumer price index in Turkey decreased by 0.4 percent in December 2018 on the previous month, according to a statement by the country's statistical authority on Jan. 3.

The consumer price index in Turkey decreased by 0.4 percent in December 2018, according to a statement by the country’s statistical authority on Jan. 3.

The consumer price index in November 2018 compared to October 2018 was 99.9%, i.e. the monthly inflation was -0.1%. The inflation rate since the beginning of the year (November 2018 compared to December 2017) has been 2.7% and the annual inflation in November 2018 compared to November 2017 was 3.1%.

Consumer basket prices for the holidays show a decrease of BGN 2 compared to last year, State Commission on Commodity Markets Chairman Vladimir Ivanov told Focus Radio. The basket includes 28 basic food products, the combined price of which is BGN 68.

November 2018 annual inflation rate fell to 3.4pct, from 4.3pct in October, when prices for non-food goods advanced 4.24pct, food prices 2.86pct, while services posted a 2.5-pct advance, according to data released on Tuesday by the National Institute of Statistics (INS).

The consumer price index has seen a 21.62-percent annual hike in November, the Turkish Statistical Institute (TÜİK) said.

The previous Note for Discussion looked at a path for nominal gross domestic product and developments in the implicit GDP deflator; the latter being a broad measure of inflation in the Greek economy. We ended up asking ourselves, upon inspecting this "price vector" for Greece, whether external competitiveness has improved and has now been restored.

The Board of Directors of the National Bank of Romania (BNR) on Wednesday's meeting decided to keep unchanged the monetary policy rate at 2.50 percent per annum, according to a press release sent to AGERPRES.

Bulgaria's consumer price inflation remained stable in August, after accelerating in the previous three months, figures from the National Statistical Institute showed Thursday.

Inflation came in at 3.5 percent in August, the same rate as in July. Consumer prices have been rising since December 2016.