Zero monthly inflation in Bulgaria for November 2016

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marketZero monthly inflation in Bulgaria for November 2016, as the consumer price index amounted to 100%. The accumulated inflation since the beginning of the year is -0.5% and the annual inflation in November 2016 against November 2015 is -0.5%, according to the latest data of National Statistical Institute. The average annual inflation for the period December 2015 – November 2016 compared to the period December 2014 – November 2015 was also negative at value of -0.8%.

In November 2016, the prices of food and non-alcoholic beverages reported decrease of 0.1%, while the furnishings, household equipment and routine maintenance of the house decreased by 0.2%. Also decrease in prices were reported in transport (-0.2%) and communications (-0.1%). The largest increase was reported in prices of clothing and footwear, which rose by 0.6%, as well as restaurants and hotels (+0.2%) and recreation and culture (+0.1%). The inflation in product groups of education, health, housing, water, electricity, gas and other fuels, remained unchanged against the previous month.

The harmonized index of consumer prices in November 2016 compared to October 2016 was 99.9%, which means that monthly inflation was -0.1%. Inflation since the beginning of the year (November 2016 to December 2015) was minus 1.2% and the annual inflation for November 2016 compared to November 2015 was minus 0.8%.

The price index of a small basket for November 2016 compared to October 2016 was 100.2% and the beginning of the year (November 2016 to December 2015) was 100.5%.

In November 2016, the prices of goods and services in the small basket for the 20% lowest income households have changed from the previous month as follows: food products – an increase of 0.2%; non-food products – an increase of 0.3%; Services – the prices remained at the level of last month.

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