Slovak unemployment inched further down to 3.88% in March
13 hours ago
Bulgaria’s domestic industrial producer prices increased 5.3% y/y in July, after rising 2.7% y/y in June, statistics office data showed on August 30. On a monthly basis, the producer price index (PPI) rose 2.4% in July, reversing a 0.4% m/m decline in June.
Annual PPI growth has been positive for eight consecutive months. It had been consistently negative over the period December 2014 – November 2016. In December, the CPI also turned to y/y inflation.
Manufacturing prices rose at the same pace of 2.4% y/y in July as they did in June. The highest y/y price increase was the 8.6% reported for basic metals. The deepest decline was 0.3%, reported for computer, electronics and optical products.
In mining, producer prices went up 4.2% y/y in July, slowing down from 7.3% y/y growth the month before. Prices increased y/y in the mining of metal ores (+10.7%), but dropped in the mining of coal and lignite (-0.9%) and other mining and quarrying (-2.7%). In the mining producer price index there are two more groups – extraction of crude petroleum and natural gas, and mining support service activities – but for confidentiality reasons the statistics office did not disclose their performance.
In utilities, producer prices rose 10.3% y/y in July, following 2.8% y/y growth in June.
The broader PPI, including sales abroad, went up 4.7% y/y in July, after climbing 3.1% y/y in June.
| Domestic market PPI, % y/y | |||
| May'17 | Jun'17 | Jul'17 | |
| TOTAL | 3.5 | 2.7 | 5.3 |
| Mining and quarrying | 9.7 | 7.3 | 4.2 |
| Manufacturing | 3.5 | 2.4 | 2.4 |
| Utilities | 2.9 | 2.8 | 10.3 |
| Source: NSI | |||
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