Bulgaria’s annual CPI inflation slows to 0.8% in Oct

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Bulgaria’s consumer prices rose by 0.8% year-on-year in October following a 0.9% increase in September, the National Statistical Institute (NSI) said on Monday.

On a monthly comparison basis, consumer prices edged up 0.6% in October, after falling 0.6% in the previous month, NSI said in a monthly inflation report.

The year-on-year rise in the consumer price index (CPI) was mainly supported by a 3.8% increase in the prices of food and non-alcoholic beverages, which have the largest weight in the consumer basket.

Prices in the transport sector, which have the third largest weight in the consumer price index, fell the most in October – by 9.7% year-on-year.

The subindex tracking the other major category – housing, water, electricity, gas and other fuels, edged up 0.6% on the year.

Bulgaria’s EU-harmonised consumer price index (HICP) rose by 0.6% on an annual comparison basis in October and was 0.2% higher compared to the September level.

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