INFLATION UP BY 0.3%

Business | September 13, 2001, Thursday // 00:00

The August inflation rate increased with 0.3%, data released by the National Statistics Institute /NII/ showed. The prices have gone up by 0.9% since the beginning of this year, which is 8.7% more in comparison with last year`s period. In August food prices dropped by an average of 0.7%. Prices of poultry, pharmaceuticals hospital services and periodicals increased. Industrial sales increased by 3.9% for the first seven months of the year, the National Statistics Institute also announced. The increase resulted from a 8.6% rise in sales of electricity and heating, gas fuels and water. The processing industry posted a 3.7% rise, while mining receipts dropped 6.6%. The NSI reports a 2% rise in the production volumes between January and July. Net sale receipts in trade, car repairs and household goods exceeded BGN 12,393 M for the first seven months of the year, up 1.6% compared to the year-ago period. Net sale receipts stood at BGN 2,008 M in July, up 11.2% month on month and 2% year on year.

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