October producer prices were 9.4% lower than a year earlier, following an annual drop of 8.8% in September.
BULGARIA PRODUCER PRICES (PCT CHANGE):
October'09 | September'09 | October'08 | |
M/M | -0.9 | +1.4 | -0.9 |
Y/Y | -9.4 | -8.8 | +8.9 |
BREAKDOWN BY SECTOR (M/M PCT CHANGE):
October'09 | September'09 | |
- manufacturing | -1.0 | +1.9 |
- mining | -1.9 | +0.2 |
- utilities | +1.1 | -0.1 |
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.