Bulgarian inflation accelerates to nearly 4% in March
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Bulgaria's annual inflation rate reached 3.9% in March, according to preliminary estimates released by the country's statistical office. The figure represents an acceleration in price growth for the European Union member state, which has been working toward adopting the euro currency. Bulgaria, located in southeastern Europe and bordering Turkey and Greece, has been closely monitored by EU institutions as it seeks to meet economic convergence criteria for eurozone membership.