The NBS Head Office Building was built from 1888 – 1890, on the basis of blueprints designed by Konstantin Jovanovic (Vienna 1849 – Zurich 1923), son to distinguished artist Anastas Jovanovic...
12/10/2026
According to SORS data, y-o-y inflation stood at 4.1% in September, in line with NBS expectations. The inflation rate was affected by the low last year’s base resulting from the implementation of the decree capping retail margins.
Monthly inflation measured 0.2% in September, driven by higher food prices and the continued rise in petroleum product prices amid a prolonged energy shock. By contrast, prices of package holidays, as well as clothing and footwear, declined, as is seasonally usual.
Within food prices, the dominant contribution to monthly inflation came from higher prices of processed food (0.6%) and fresh meat (1.7%), and, to a lesser extent, fresh vegetables (0.7%), while fresh fruit prices continued to decline, by 1.7% in September. Compared with September last year, food and non-alcoholic beverage prices continued to record a decline, averaging 1.3%.
Energy prices increased by 1.1% m-o-m in September, largely reflecting a 2.3% rise in petroleum product prices. In y-o-y terms, energy prices rose by 11.6%, while petroleum product prices were 17.3% higher.
Prices of products and services within core inflation recorded a monthly decline of 0.3%, driven by the seasonal decrease in package holiday prices. In y-o-y terms, core inflation stood at 4.9% in September.
Governor’s Office
