Bulgaria Producer Prices Inflation Slows Down in Oct

Business | November 30, 2011, Wednesday // 15:13
Bulgaria: Bulgaria Producer Prices Inflation Slows Down in Oct File photo

Bulgaria's producer price index decreased 0.1% in October on a monthly basis, following a rise of 1.5% the previous month, the national statistics office said.

The index marked a 6.5% increase on an annual basis.

During the month, prices in mining and quarrying decreased by 7.6%, while in manufacturing, prices went down by a slim 0.1%. Production costs for electricity, gas, steam and air conditioning supply, however, were up 1.4%.

A considerable decrease is seen in prices involved in the manufacture of basic metals and metal products, which went down by 4.3%. Factory prices for the manufacture of food products jumped 11.2% in October.

Prices for the manufacture of chemicals and chemical products recorded an increase of 11.8% year-on-year.

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Tags: producer price index, Bulgaria

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