Inflation

The consumer price index in May 2019 compared to April 2019 was 100.1%, i.e. the monthly inflation was 0.1%. The inflation rate since the beginning of the year (May 2019 compared to December 2018) has been 1.8% and the annual inflation in May 2019 compared to May 2018 was 3.5%.

From 1 July, the purchasing power of pensioners will increase due to the modernization of pensions with a record 5.7%. This was calculated by the Minister of Labor and Social Policy, Bisera Petkov, before Nova TV.

Greece's annual EU-harmonised inflation rate slowed in May, statistics service ELSTAT data showed on Monday.
The reading in May was 0.6 percent from 1.1 percent in April. The data showed that headline consumer price inflation also decelerated to 0.2 percent year-on-year from 1.0 percent in the previous month.

Romania's consumption-fueled growth has raised macroeconomic imbalances, including inflation pressure and increased fiscal and current account deficits, so a change in the course of policies is needed to reduce the likelihood of another boom-bust scenario, the International Monetary Fund writes in its Staff Concluding Statement of the 2019 Article IV Mission posted on Friday.

Turkey's inflation rate will again drop to single-digit levels by the end of the summer months, according to Treasury and Finance Minister Berat Albayrak.

The head of International Monetary Fund (IMF), Christine Lagarde, said the fund would be willing to help Turkey if its finances continue to deteriorate, but President Recep Tayyip Erdogan does not appear eager to ask for assistance.

Inflation in Venezuela in 2018 was 130 060 percent. The central bank said after four years of silence.

Economic data are, in principle, strictly kept secret from the authoritarian regime of Nicolas Maduro. The country's economy shrunk by 19.2% in the first nine months of 2018 on an annual basis, as private consumption has fallen sharply and inflation has risen.

The National Bank of Romania (BNR) upwardly revised to 4.2 percent the inflation estimate for the end of the year, forecasting a 3.3 percent inflation for 2020, BNR governor Mugur Isarescu told a press conference in which he presented the quarterly report on inflation. In February 2019, BNR estimated a 3-percent inflation rate for the end of the year and 3.1 percent for 2020.

The consumer price index in April 2019 compared to March 2019 was 100.5%, i.e. the monthly inflation was 0.5%, reported the National Statistical Institute (NSI). 

The inflation rate since the beginning of the year (April 2019 compared to December 2018) has been 1.7% and the annual inflation in April 2019 compared to April 2018 was 3.7%.

The consumer price index for April 2019, compared to March 2019, was 100.5%, so the monthly inflation is 0.5%, NSI reported. Inflation from the beginning of the year (April 2019 versus December 2018) was 1.7% and annual inflation in April 2019 compared to April 2018 was 3.7%. The average annual inflation for the period May 2018 - April 2019 compared to May 2017 - April 2018 was 3.3%.