NSI: The Inflation for November was 0.5%

Business » FINANCE | December 16, 2019, Monday // 18:47| Views: | Comments: 0
Bulgaria: NSI: The Inflation for November was 0.5% www.pixabay.com

The consumer price index in November 2019 was 100.5% compared to October 2019, i.e. the monthly inflation was 0.5%, the National Statistical Institute said in a press release. The inflation rate since the beginning of the year (November 2019 compared to December 2018) has been 3.1%, and the annual inflation in November 2019 was 3.0% compared to November 2018. The annual average inflation over the last 12 months (December 2018 - November 2019) compared to the previous 12 months (December 2017 - November 2018) was 3.0%.

In November 2019 compared to the previous month, the prices of goods and services in the main consumer groups changed as follows:
•Food and non-alcoholic beverages - an increase of 1.1%;
•Alcoholic beverages and tobacco - an increase of 0.1%;
•Clothing and footwear - an increase of 0.7%;
•Housing, water, electricity, gas and other fuels - an increase of 0.2%;
•Furnishings, household equipment and routine maintenance of the house - a decrease of 0.3%.
•Health - an increase of 0.2%;
•Transport - the prices remained at the level of the previous month;
•Communications - an increase of 0.1%;
•Recreation and culture - an increase of 1.1%;
•Education - an increase of 0.1%;
•Restaurants and hotels - an increase of 0.6%;
•Miscellaneous goods and service - an increase of 0.1%.

The harmonised index of consumer prices (HICP)in November 2019 compared to October 2019 was 100.3%, i.e. the monthly inflation was 0.3%. The inflation rate since the beginning of the year (November 2019 compared to December 2018) has been 2.3% and the annual inflation in November 2019 compared to November 2018 was 2.2%.The annual average inflation, measured by HICP, in the last 12 months (December 2018 - November 2019) compared to the previous 12 months (December 2017 - November 2018) was 2.4%.

In terms of HICP, in November 2019 compared to the previous month the prices of goods and services in the main consumer groups changed as follows:
•Food and non-alcoholic beverages - an increase of 1.0%;
•Alcoholic beverages and tobacco - an increase of 0.1%;
•Clothing and footwear - an increase of 0.5%;
•Housing, water, electricity, gas and other fuels - an increase of 0.2%;
•Furnishings, household equipment and routine maintenance of the house - a decrease of 0.3%;
•Health - an increase of 0.1%;
•Transport - a decrease of 0.3%;
•Communications - an increase of 0.1%;
•Recreation and culture - an increase of 0.5%;
•Education - an increase of 0.1%;
•Restaurants and hotels - an increase of 0.5%;
•Miscellaneous goods and service - an increase of 0.3%. 

The price index of a small basket (PISB) in November 2019 compared to October 2019 was 100. 7% and the overall increase since the beginning of the year (November 2019 compared to December 2018) has been 104.0%. In November 2019 compared to the previous month the prices of goods and services in the small basket for the 20% households with the lowest income changed as follows:
•Food products - an increase of 1.2%;
•Non-food products - an increase of 0.2%;

We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!

Finance » Be a reporter: Write and send your article
Tags: National Statistical Institute, NSI, inflation
Advertisement
Advertisement
Expats.bg All Are Welcome! Join Now!
Bulgaria news Novinite.com (Sofia News Agency - www.sofianewsagency.com) is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." Novinite.com (Sofia News Agency - www.sofianewsagency.com) and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria