Bulgaria's Annual Inflation Slows Down to 3.1% Y/Y in Nov
Thursday, 13 December 2018
Bulgaria posted an annual consumer price inflation of 3.1% in November, down from 3.7% in October, the National Statistical Institute (NSI) said on Wednesday. On a monthly comparison basis, consumer prices edged down 0.1% in November, after rising by 0.7% in October, NSI said in its monthly inflation report. Prices of food and non-alcoholic beverages, which have the largest weight of 31.34% in the consumer basket, increased 2.5% year-on-year in November. Prices of housing, water, electricity, gas and other fuels (18.23% weight) grew 4.6% on the year, while transport prices (8.76% weight) rose 4.8% on the year. Bulgaria’s EU-harmonised consumer price index (HICP) rose 3.0% on the year in November and was 0.3% lower compared to October .