Bulgaria Industrial PPI Growth Eases in October

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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.

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