Bulgaria: Inflation comes in at highest level since January 2009 in October
Consumer prices increased 1.82% in October over the previous month, accelerating from the 0.40% rise recorded in September. October’s uptick was the sharpest increase in prices since August 2007. The result was driven by rising prices for food and non-alcoholic beverages, and housing and utilities.
Inflation came in at 6.0% in October, up from September’s 4.8%. October’s reading marked the highest inflation rate since January 2009. Meanwhile, the trend pointed up, with annual average inflation coming in at 2.1% in October (September: 1.7%). Lastly, harmonized inflation rose to 5.2% in October, from September’s 4.0%.