Nr. 10 (107), 07-03-2014
Weekly Bulletin
ISSN 1314-5339

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BULGARIAN ECONOMY

Producer Price Indices in Industry, January 2014


1. Producer Price Indices on Domestic Market

Producer Price Index on Domestic Market in January 2014 remained at the level of the previous month. The domestic prices rose in the mining and quarrying industry by 1.5%, in manufacturing the prices did not change, while in electricity, gas, steam and air conditioning supply a decrease by 0.2% was reported.

In manufacturing, compared to the previous month, the prices went up in the manufacture of tobacco products by 4.6%, in the manufacture of motor vehicles, trailers and semi-trailers by 2.6% and in the manufacture of leather and related products by 2.2%, while a price decrease was reported in the manufacture of wearing apparel by 0.4%, in the manufacture of food products, in the manufacture of machinery and equipment, and in the repair and installation of machinery and equipment by 0.3%.

Producer Price Index on Domestic Market in January 2014 decreased by 2.0% compared to the same month of 2013. The domestic prices fell in the mining and quarrying industry by 9.9%, in manufacturing by 0.4% and in  electricity, gas, steam and air conditioning supply by 3.8%.

In manufacturing compared to January 2013, a price decrease was registered in the manufacture of chemicals and chemical products by 5.7%, in the manufacture of food products and in the manufacture of basic metals by 4.7%. The price increases were seen in the manufacture of leather and related products by 9.3%, in the manufacture of tobacco products by 9.1%, in the manufacture of motor vehicles, trailers and semi-trailers by 3.9%.  

2. Total Producer Price Indices in Industry

Total Producer Price Index is calculated from Producer Price Index on Domestic Market and Producer Price Index on Non-domestic Market weighted with the turnover structure on domestic and on non-domestic market to the total value of turnover in the base year.

The activities that are confidential according to the Law on Statistics are not quoted in the text for they are statistical secrecy.

Total Producer Price Index in Industry in January 2014 increased by 0.1% compared to the previous month. Higher prices were registered in the mining and quarrying industry by 1.5% and in manufacturing by 0.1%, while the prices in electricity, gas, steam and air conditioning supply declined by 0.1%.

In manufacturing, more significant price increases were seen in the manufacture of tobacco products by 3.2%, in the manufacture of leather and related products by 2.8% and in the manufacture of basic metals by 1.1%.

Total Producer Price Index in January 2014 decreased by 2.4% comparing to the same month of 2013.

In manufacturing, the prices fell by 1.1% as compared to January 2013. More significant price decreases were seen in the manufacture of basic metals by 8.7%, in the manufacture of food products by 4.4% and in the manufacture of motor vehicles, trailers and semi-trailers by 2.1%, while the producer prices rose in the manufacture of tobacco products by 5.3%, in the manufacture of wearing apparel and in the manufacture of leather and related products by 2.9%.

NEWS FROM BCCI
BCCI has achieved its goals and plans for 2013 in service of business
The Chamber's Management Board adopted the key priorities in the activities for the current year More
Open Letter by the Bulgarian Chamber of Commerce and Industry with reference to the situation in Ukraine
The Chamber is concerned about the economic stability in Ukraine and the region More
BCCI and the Bilateral Chamber of Commerce Bulgaria-Romania discuss joint initiatives
The interest of the regional chambers of commerce along the lower course of the Danube River is growing as regards the cooperation and implementation of the EU Danube Strategy More
Indian company interested in organizing golf events in Bulgaria
There is an idea for great tournament with the participation of professional golfers from around the world More
21st International Specialized Exhibition for Security, Safety, Protection - SECURITY EXPO 2014
19th - 22nd March 2014, Inter Expo Center, Sofia More
REGIONAL COOPERATION
Bulgaria to sign gas interconnection treaty with Turkey next week
As a result, Bulgaria will have access to an alternative to Russian gas supplies More
Bulgarian Minister of Transport and his Macedonian counterpart gave start to the construction works of the railway section Kumanovo – Belyakovci
This is one of the most important and difficult sections of the railway part of the Pan-European Corridor Eight More
BUSINESS CLIMATE
In February 2014 the total business climate indicator preserves its level from the previous month
An improvement of the indicator in industry and construction, and a decrease in retail trade and service sector More
BULGARIAN ECONOMY
Bulgaria's employee GDP increases by 2.3%
The employment structure by economic activity shows an increase in the share of employees in the service sector More
Producer Price Indices in Industry, January 2014
Producer Price Index on Domestic Market remained at the level of the previous month, while compared to the same month of 2013 the domestic prices fell by 2.0% More
PROGRAMMES & PROJECTS
Municipalities will fulfill projects for nearly BGN 180 million
The Ministry of Investment Planning and the municipalities will present projects for the industrial zones at Western Europe exhibitions More
EU gives Bulgaria EUR 127M for e-governance
The new Operational Program "Good Governance" will be divided into five priority axes More
TENDERS & OFFERS
The company Gabinvest (an affiliate of L&O HUNTING GROUP GmbH) announces offer