Bulgaria: Inflation drops to lowest level since June in November
Inflation came in at 16.9% in November, down from Octobers 17.6%. November’s figure represented the lowest inflation rate since June. The reading was driven by moderating price pressures for housing, water, electricity, gas and other fuels and transportation.
The trend pointed up, with annual average inflation coming in at 14.6% in November (October: 13.8%). Meanwhile, harmonized inflation fell to 14.3% in November, from the previous month’s 14.8%.
Finally, consumer prices rose 0.76% over the previous month in November, slowing down from October’s 0.87% increase. November’s result marked the weakest reading since September 2021.