Bulgaria January producer prices down 0.9pc

27 Feb, 2015

SOFIA: Bulgarian producer prices dropped 0.9 percent on a monthly basis in January after a 1.2 percent decrease in the previous month, statistics office data showed on Friday.

On an annual basis, prices were down 1.9 percent after a 0.9 percent decrease in December, the statistics office said.

Prices for gas, electricity and heating rose 0.6 percent month-on-month in January, while mining industry prices dropped 0.8 percent and the processing industry dropped 1.9 percent.

The broader index of producer prices, including prices on the local market and for Bulgarian products sold internationally, dropped 1.2 percent in January from the previous month. It was down 2.9 percent year-on-year.

Copyright Reuters, 2015

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