Bulgaria Inflation Hits 3.7% In Fourth Quarter

Bulgaria posted an annual consumer price inflation of 3.7% in October, up from 3.6% in September, the National Statistical Institute (NSI) said on Wednesday.

On a monthly comparison basis, consumer prices added 0.7% in October, after rising by 0.3% in September, NSI said in its monthly inflation report.

Prices of food and non-alcoholic beverages, which have the largest weight of 31.34% in the consumer basket, increased 3.3% year-on-year in October.

Prices of housing, water, electricity, gas and other fuels (18.23% weight) grew 4.6% on the year, while transport prices (8.76% weight) rose 9.2%.

Bulgaria’s EU-harmonised consumer price index (HICP) rose 3.6% on the year in October and was 0.2% higher compared to September.

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