October producer prices were 8.9% higher than a year earlier, following an annual rise of 11.3% in September.
BULGARIA PRODUCER PRICES (PCT CHANGE):
Oct'08 | Sept'08 | Oct'07 | |
M/M | -0.9 | -0.4 | +1.3 |
Y/Y | +8.9 | +11.3 | +10.3 |
BREAKDOWN BY SECTOR (M/M PCT CHANGE):
Oct'08 | Sept'08 | |
- manufacturing | -1.2 | -0.6 |
- mining | -2.2 | +0.5 |
- utilities | +1.2 | no change |
NOTE: The index tracks changes in producer prices on the domestic market plus producer prices of Bulgarian products sold abroad. Economists see changes in producer prices as a key indicator of trends in consumer price inflation.