In November 2023 the Consumer Price Index decreased by 0.2 percent compared to the previous month, while the annual inflation rate amounted to 0.1 percent, the National Statistics Service (GeoStat) reported.

According to GeoStat, with regard to the annual core inflation, the prices increased by 2.1 percent, while the annual core inflation without tobacco amounted to 1.8 percent.

“The monthly inflation rate was mainly influenced by price changes for the following groups:

Food and non-alcoholic beverages: the prices for the group decreased by 0.5 percent, contributing -0.13 percentage points to the overall monthly inflation rate. The prices decreasedfor the following subgroups: vegetables (-3.7 percent), fruit and grapes (-2.0 percent), sugar, jam, honey, chocolate and confectionery (-1.5 percent), fish (-0.8 percent), bread and cereals (-0.8 percent). At the same time, prices increased for coffee, tea and cocoa (0.6 percent), milk, cheese and eggs (0.5 percent), mineral waters, soft drinks, fruit and vegetable juices (0.5 percent), meat (0.4 percent);

Furnishings, household equipment and maintenance: the prices for the group decreased by 1.7 percent, contributing -0.09 percentage points to the overall monthly inflation rate. The prices decreased for the following subgroups: furniture and furnishings, carpets and other floor coverings (-3.2 percent), household appliances (-2.8 percent), glassware, tableware and household utensils (-1.2 percent), goods and services for routine household maintenance (-1.1 percent);

Health: the prices for the group decreased by 0.8 percent, with the relevant contribution of -0.08 percentage points to the monthly inflation rate. Within the group, the prices were lower for medical products, appliances and equipment (-1.5 percent);

Housing, water, electricity, gas and other fuels: the prices for the group increased by 0.9 percent, which contributed 0.09 percentage points to the monthly inflation rate. The prices were higher for the following subgroups: maintenance and repair of the dwelling (2.8 percent) and actual rentals for housing (1.0 percent),” the Geostat reported.