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Bulgaria’s Producer Price Index rises 41.4% year on year

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In June, the total Producer Price Index (PPI) in Bulgaria increased by 41.4% compared to the same month in 2021. In May, the index rose 38.2% year on year, data of the National Statistical Institute (NSI) indicate. Producer prices increased with 3.4% on a monthly basis.

Prices for the production and distribution of gas, electricity and heat increased with 83.2% year on year, and 1.4% on a monthly basis.

The accelerated increase in producer prices suggests that consumer inflation will continue to rise. According to NSI, reported consumer inflation accelerated to 16.9% in June, the highest increase since 1998.

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