Bulgaria's producer prices rise 13% y/y in June

Bulgaria's producer prices rise 13% y/y in June

Bulgaria's producer price index (PPI) in industry increased by 13% year-on-year in June, supported by higher prices in the sectors of mining and quarrying, manufacturing, and energy supply, the statistical office said on Friday.

Producer prices went up 1% month-on-month in June, the National Statistical Institute (NSI) said in a monthly report.

On a monthly comparison basis, industry prices grew in the sector of electricity, gas, steam and air conditioning supply - by 1.8%, and in manufacturing - by 1.2%. Prices in the mining and quarrying industry dropped by 5.5%.

The producer price index on the domestic market increased by 1.3% in June compared with May and by 9.9% compared with June 2020, the NSI said.

The producer price index on the non-domestic markets rose by 0.6% compared to the previous month, and by 18.0% compared to June 2020.

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