Bulgaria Industrial PPI Growth Eases in October

Analysis

Image by Pixabay

Bulgaria's general industrial producer price index (PPI) increased by 41.7% year-on-year in October after surging 56.8% in September, the National Statistical Institute (NSI) said on Wednesday.

Producer prices on the domestic market grew by an annual 55.4% in October after jumping 78.1% in September. Last month's increase was mostly due to a 94.1% rise in the prices of electricity, gas, steam, and air conditioning supply.

At the same time, producer prices on the non-domestic market climbed by 19.6% on the year in October.

Compared to September, the PPI declined by 6.2% in October, mostly due to a 15.3% drop in prices in the electricity, gas, steam, and air conditioning supply category, the Sofia-based institute said. 

ADVERTISEMENT

Loan Officers Survey Indicates Increased Caution Banking

Loan Officers Survey Indicates Increased Caution

Gov't Guarantees on Liabilities Climb Over 9% of GDP in 2021 Government

Gov't Guarantees on Liabilities Climb Over 9% of GDP in 2021

Corvex Winds up Virtual Bank Card Project Fintech

Corvex Winds up Virtual Bank Card Project

European Capital of Culture Program Set to Boost Economy - N... Art

European Capital of Culture Program Set to Boost Economy - N...

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.