Bulgaria Swings to Mild Inflation in October

Business » FINANCE | November 12, 2015, Thursday // 16:23
Bulgaria: Bulgaria Swings to Mild Inflation in October The NSI building in Sofia. File photo

Bulgaria turned to modest inflation in Octover after reporting deflation or no change in prices for each of the previous five months, official data showed on Thursday.

Monthly consumer price inflation was 0.2% in October, the national statistical office NSI reported on Thursday.

In September, Bulgaria reported monthly deflation of 0.1% following zero inflation the prior month.

Compared with October 2014, inflation was negative at -0.6% last month,

The inflation since the beginning of the year (October 2015 compared to December 2014) was also negative at -0.3%.

The prices of goods and services which rose in October compared with the previous month included those of clothing and footwear (+6.4%); housing and utilities (+0.4%); alcoholic beverages and tobacco (+0.1%); healthcare sevices (+0.3%).

A month-on-month fall in prices was registered in October in food and non-alcoholic beverages (-0.4%); transport (-1.4%); furnishings and household equipment (-0.2%).

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Tags: Bulgaria, inflation, NSI, consumer prices, deflation 

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