Bulgaria inflation rate climbs in October
Photo by noppawan09/Shutterstock.com
Bulgaria's consumer prices rose by 6% year-on-year in October after a 4.8% annual increase in September, the National Statistical Institute (NSI) said on Monday.
Upward pressure mainly came from food & non-alcoholic beverages (5.9%); housing & utilities (9%); and transport (19.7%).
On a monthly basis, consumer prices increased 1.8%, after being flat in the previous month.
Bulgaria's EU-harmonized consumer price index, HICP, rose by 5.2% on an annual comparison basis in October and was 1.3% higher than its September level.
In a separate statement, the Sofia-based statistics institute said that the country's unemployment rate stood at 4.6% in the third quarter of 2021, down from 4.8% in the third quarter of last year.
The long-term unemployment rate, the share of people without a job for more than a year, was 2.4%, or 77,600 people.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.