Bulgaria's annual CPI inflation slows down to 0.4% in Nov

Bulgaria's annual CPI inflation slows down to 0.4% in Nov

Bulgaria's consumer prices rose by 0.4% year-on-year in November following a 0.8% increase in October, the National Statistical Institute (NSI) said on Tuesday.

On a monthly comparison basis, consumer prices edged up 0.1% in November, after adding 0.6% in the previous month, NSI said in a monthly inflation report.

The year-on-year rise in the consumer price index (CPI) was heavily supported by a 2.9% increase in the prices of food and non-alcoholic beverages, which have the largest weight in the consumer basket.

Prices in the transport sector, which have the third largest weight in the consumer price index, fell the most in November - by 9.5% year-on-year.

The subindex tracking the other major category - housing, water, electricity, gas and other fuels, edged up 0.7% on the year.

Bulgaria’s EU-harmonised consumer price index (HICP) rose by 0.3% on an annual comparison basis in November and remained unchanged compared to the October level.

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