LA PAZ, Jan 7 (Reuters) - Bolivia ended 2019 with annual inflation of 1.47%, well below the official projection of 3.5%, due to food price stability, the National Statistics Institute (INE) reported late Monday.
The annual rate was lower than the 2018 rate of 1.51%, which was the lowest since 2009.
In December, consumer prices rose 1.54%, above the 0.35% increase in the same month of 2018.
The official inflation expectation for 2020 is 3.98%, the agency said. (Reporting by Daniel Ramos; writing by Cassandra Garrison; Editing by Steve Orlofsky)