Bulgaria's producer prices increased from last year in March, data released by the National Statistical Institute showed Friday.
The producer price index t increased 3.4 percent on an annual basis in March. Output prices of goods sold in the domestic market grew 4.6 percent year-on-year.
Overall prices in the mining and quarrying industry rose 3.6 percent year-on-year, while manufacturing prices moved up 2.7 percent. There was a 5.9 percent annual growth in prices of electricity, gas, steam and air conditioning supply during the month.
Month-on-month, producer prices advanced 0.8 percent in March, the agency said.
Separately, the agency said Bulgaria's business confidence index increases by 3.2 percentage points month-on-month in April. The indicator of business climate in industry rose 1.8 points, while the construction confidence index climbed by 8.7 percentage points.
The measure of confidence in the retail trade sector rose 2.3 points sequentially, while the relevant indicator for the service sector moved up 1.5 points.
by RTT Staff Writer
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