NSI announced the inflation rate in Bulgaria for October
In October 2023, the monthly inflation rate, measured by the Consumer Price Index (CPI) was 0.4% compared to the previous month, and the annual inflation rate in October 2023 compared to October 2022 was 5.8%.
In October 2023, the prices of goods and services increased in the following consumer groups:
· Recreation and culture - an increase of 6.7%;
· Clothing and footwear - an increase of 5.7%;
· Education - an increase of 1.1%;
· Furnishings, household equipment and routine maintenance of the house - an increase of 0.8%;
· Alcoholic beverages and tobacco - an increase of 0.4%;
· Health - an increase of 0.3%.
The prices of goods and services decreased in the following consumer groups:
· Housing, water, electricity, gas and other fuels - a decrease of 0.4%;
· Food and non-alcoholic beverages - a decrease of 0.4%;
· Transport - a decrease of 0.3%
The prices of goods and services in Miscellaneous goods and services, Restaurants and hotels and Communications remained unchanged
The inflation rate since the beginning of the year (October 2023 compared to December 2022) was 4.1%, and the annual average inflation rate for the period November 2022 - October 2023 compared to the period November 2021 - October 2022 was 11.4%.
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