Producer inflation in Bulgaria continues to surge in May

Figures

Photo by Vitoria Holdings LLC/Shutterstock.com

Producer prices in Bulgaria surged by 13% year-on-year in May, following a 9.8% rise in the previous month, according to figures released by the Sofia-based National Statistical Institute (NSI).

This is the fifth consecutive month of rising producer prices, as costs advanced significantly for; mining & quarrying by 31.1%, manufacturing by 13.9% and electricity, gas, steam & air conditioning supply by 8.3%.

On a monthly basis, producer prices grew 1.9% compared to a 0.3% rise in the previous month. 

ADVERTISEMENT

Varga puts 2021 GDP growth at 7-7.5% Analysis

Varga puts 2021 GDP growth at 7-7.5%

Opposition parties to begin PM candidate primaries Elections

Opposition parties to begin PM candidate primaries

New managing director at the helm of Wolt Hungary Appointments

New managing director at the helm of Wolt Hungary

Budapest bike-sharing scheme boasts record ridership City

Budapest bike-sharing scheme boasts record ridership

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.