MPiT: consumer inflation seen at 1.2% in February

The Ministry of Enterprise and Technology (MPiT) estimated that consumer inflation will accelerate in February to 1.2 percent from 0.9 percent recorded in January.

"In February 2019 we expect a slower increase in food prices, a further, though slower, decrease in clothing and footwear prices resulting from seasonal factors, as well as a drop in transport prices," the Ministry said.

The Central Statistical Office (GUS) estimated that in January consumer goods and services prices grew by 0.9 percent compared to a year ago.