Inflation and consumer price indices in October 2023

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Inflation and consumer price indices in October 2023

15.11.2023 11:00:00

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Inflation and consumer price indices in October 2023

In October 2023, the monthly inflation rate, measured by the Consumer Price Index (CPI) was 0.4% compared to the previous month, and the annual inflation rate in October 2023 compared to October 2022 was 5.8%.

An increase was registered for Recreation and culture (+6.7%), Clothing and footwear (+5.7%), Education (+1.1%) and Furnishings, household equipment and routine maintenance of the house (+0.8%). The highest decrease was recorded in the prices for Housing, water, electricity, gas and other fuels (-0.4%), Food and non-alcoholic beverages (-0.4%) and Transport (-0.3%).

The monthly inflation rate, measured by the Harmonised Index of Consumer Prices (HICP) was 0.2% and the annual inflation rate was 5.9%.

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.