Bulgaria Posted No Inflation in November

Business » FINANCE | December 12, 2016, Monday // 15:01| Views: | Comments: 0
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Bulgaria: Bulgaria Posted No Inflation in November File photo

The year-on-year inflation rate of Bulgaria was 0% in November and deflation was registered since the beginning of the year, according to national statistics.

Between December 2015 and November 2016, the rate was -0.5%.

Annual average inflation for the last twelve months compared to previous 12 months (December 2014-November 2015) was -0.8%, according to National Statistical Institute (NSI) figures.

In November, an increase was observed in the prices in several sectors, such as clothing and footwear (0.6%), restaurants and hotels (0.2%) and recreation and culture (0.1%).

A decrease was registered in a number of other sectors, such as miscellaneous goods and services (0.3%); communications (0.1%); transport (0.2%); furnishings, household equipment and routine maintenance of the house (0.2%); food and non-alcoholic beverages (0.1%).

Prices remained at the level of the previous month in the sectors of alcoholic beverages and tobacco; housing, water, electricity, gas and other fuels; health; and education. 

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Tags: NSI, National Statistical Institute, inflation, deflation
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