Bulgaria Producer Inflation Falls Further in March
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The annual producer inflation in Bulgaria slowed sharply to 2% in March from 8.9% in the previous month, data from the Sofia-based National Statistical Institute (NSI) showed on Friday.
It was the lowest reading since January 2021, due to a sharp decrease in prices of electricity, gas steam, and air conditioning supply (-7.1% vs 3.5% in February).
At the same time, costs eased for mining and quarrying (2.7% vs 8.9%) and manufacturing (6% vs 11.3%).
On a monthly basis, producer prices dropped 2.2%, following a 5.9% fall in February.
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