Bulgaria’s June Producer Prices Fall 1.2% M/M, up 2.3% Y/Y

Bulgaria’s June Producer Prices Fall 1.2% M/M, up 2.3% Y/Y

Bulgaria's producer prices fell by 1.2% month-on-month in June, following a 1.7% decline in May, the National Statistics Institute (NSI) said.

 On an annual basis, producer prices in June were 2.3% higher, following a 3.2% increase in the previous month, NSI said in a statement published on its website on Monday.

 In manufacturing, prices rose by an annual 1.0% as a more significant increase was registered in textiles manufacturing, by 11.1%, in chemical production, by 8.0%, and in tobacco production, by 6.6%.

 Last month, prices in the mining sector went up by an annual 4.7%, while those in the energy utilities sector increased by 6.3% on the year.

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