NSI: The Total Producer Price Index in March 2020 Decreased by 1.5%

Business | May 4, 2020, Monday // 16:31
Bulgaria: NSI: The Total Producer Price Index in March 2020 Decreased by 1.5% www.pixabay.com

The Total Producer Price Index in Industry in March 2020 decreased by 2.1% compared to the previous month. Lower prices were registered in the manufacturing by 2.6%, in the mining and quarrying industry and in the electricity, gas, steam and air conditioning supply - both by 1.0%. In manufacturing, prices went down in the manufacture of basic metals by 0.6%, and in the manufacture of other non-metallic mineral products by 0.4%. More significant increase in prices was reported in the manufacture of rubber and plastic products and in the manufacture of basic pharmaceutical products and pharmaceutical preparations - both by 0.7%, the NSI said in a press release.

The Total Producer Price Index in March 2020 decreased by 1.5% compared to the same month of 2019. The prices fell in manufacturing by 3.7%, while the prices rose in the electricity, gas, steam and air conditioning supply by 5.3%, and in the mining and quarrying industry by 0.2%. In manufacturing, significant decrease in prices were seen in the manufacture of basic metals by 6.8%, in the manufacture of paper and paper products by 3.5% and in the manufacture of wood and of products of wood and cork, except furniture and manufacture of articles of straw and plaiting materials by 3.3%. More compelling increase in prices was reported in the manufacture of leather and related products by 4.9%, in the manufacture of food products by 4.2% and in the manufacture of tobacco products by 3.0%. 

Producer Price Index on Domestic Market in March 2020 decreased by 1.3% compared to the previous month. The domestic prices went down in the mining and quarrying industry by 2.0%, in manufacturing by 1.6%, and in the electricity, gas, steam and air conditioning supply by 1.0%. In the manufacturing, compared to the previous month the prices went down more compellingly in the manufacture of basic metals by 2.6%. More significant increase in the domestic prices was seen in the manufacture of basic pharmaceutical products and pharmaceutical preparations by 0.9% and in the manufacture of motor vehicles, trailers and semi-trailers by 0.8%.

Producer Price Index on Domestic Market in March 2020 increased by 1.7% compared to the same month of 2019. The prices rose in the electricity, gas, steam and air conditioning supply by 7.2%, while the prices went down in the mining and quarrying industry by 2.5%, and in manufacturing by 1.4%. In manufacturing compered to March 2019 the prices fell in the manufacture of basic metals by 6.8%, in the manufacture of chemicals and chemical products by 3.2% and in the manufacture of paper and paper products by 1.9%. More compelling price increase was reported in the manufacture of food products by 6.0% and in the repair and installation of machinery and equipment by 3.9%. 

Producer Price Index on Non-domestic Market in March 2020 fell by 3.4% compared to the previous month and by 6.2% compared to the same month of 2019.

We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!

Business » Be a reporter: Write and send your article
Tags: NSI, increase, decrease, producer price index

Advertisement
Advertisement
Bulgaria news Novinite.com (Sofia News Agency - www.sofianewsagency.com) is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." Novinite.com (Sofia News Agency - www.sofianewsagency.com) and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria