According to data from the National Institute of Statistics (INS), the inflation rate remained stable at 4.9% in November 2025 compared with the previous month.
The INS explains this stability as partly driven by a faster increase in the prices of the “Food” category (5.8% in November 2025 versus 5.6% in October 2025) and the “Housing, Water and Gas” category (3.5% in November 2025 versus 3.4% in October 2025). It is also attributed to a slower rise in the prices of “Restaurant, Café and Hotel Services” (6.2% in November 2025 versus 7.5% in October 2025) and “Furniture and Household Goods” (4.8% in November 2025 versus 4.9% in October 2025).
Month on month, the consumer price index rose by 0.1% in November 2025 compared with October 2025. This increase is mainly due to higher prices in the “Clothing and Footwear” category (+0.4%) and in “Recreation and Culture” (+0.3%), while prices in the “Food” category declined by 0.3%.
In November 2025, core inflation (excluding food and energy) eased to 5%, down from 5.1% the previous month. Prices of free (non-regulated) products increased by 6% year-on-year, while those of regulated products rose by only 0.7%. Free food products recorded an increase of 6.5%, compared with just 0.3% for regulated food products.
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