Bulgaria’s industrial PPI down 0.7% y/y in Dec

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Bulgaria’s industrial producer price index (PPI) fell by 0.7% year-on-year in December, after decreasing by 2.6% in November, the National Statistical Institute (NSI) said on Friday.

The annual decline in the PPI index in the last month of 2020 reflected a 1.6% decrease of prices in the manufacturing sector and a 0.4% drop of prices in the utilities sector, the NSI said in a statement.

On a monthly comparison basis, industrial producer prices in Bulgaria increased by 1.9% in December.

The industrial PPI on the domestic market declined by 0.5% on the year and grew 1.0% on a monthly comparison basis. The industrial PPI on the non-domestic market decreased by 1.1% year-on-year and rose 3.2% month-on-month.

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