During a period of economic transition, a country's central bank expands the money supply ($M$) by 15.0%. Concurrently, due to the widespread adoption of digital banking, the velocity of circulation ($V$) increases by 5.0%, while technological advancements lead to an increase in real output ($Y$) of 8.0%.

Using the classical Quantity Theory of Money ($MV=PY$), what is the exact percentage change in the price level ($P$) over this period?