Inflation and Consumer Price Indices in December 2023

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Inflation and Consumer Price Indices in December 2023

15.01.2024 11:00:00

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Inflation and Consumer Price Indices in December 2023

In December 2023, the monthly inflation rate, measured by the Consumer Price Index (CPI), was 0.3% compared to the previous month, and the annual inflation rate in December 2023 compared to December 2022 was 4.7%.

The highest increase was registered for Recreation and culture (+2.4%), Restaurants and hotels (+0.7%), Miscellaneous goods and services (+0.7%) and Food and non-alcoholic beverages (+0.7%). The decrease was recorded in the prices for Transport (-1.5%), Clothing and footwear (-0.6%) and Communications (-0.3%).

The monthly inflation rate, measured by the Harmonised Index of Consumer Prices (HICP), was 0.3% and the annual inflation rate was 5.0%.

Detailed data can be found on the website of NSI at
Inflation and Consumer Price Indices

The National Statistical Institute (NSI) is a state institution in Bulgaria that collects, processes and disseminates official statistical information on social, economic and demographic processes in the country. The NSI's activities are aimed at providing objective and reliable data that support informed decision-making by the state, business and society. The Institute works in accordance with international statistical standards and is an active participant in the European Statistical System.