Producer prices in Bulgaria increased 2.8 percent year-on-year in November 2019, up from a 2.3 percent rise in the previous month. Prices advanced faster for mining & quarrying (6.3 percent vs 5.9 percent) and rebounded for manufacturing (0.6 percent vs -0.3 percent). Meanwhile, cost slowed a bit for for electricity, gas, steam & air conditioning supply (9.5 percent vs 10.2 percent). On a monthly basis, producer prices went up 0.2 percent, following a 0.1 percent drop in the prior month. Producer Prices Change in Bulgaria averaged 4.03 percent from 2001 until 2019, reaching an all time high of 15.90 percent in May of 2006 and a record low of -10.90 percent in August of 2009.
Producer Prices Change in Bulgaria is expected to be 3.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Producer Prices Change in Bulgaria to stand at 3.50 in 12 months time. In the long-term, the Bulgaria Producer Prices Change is projected to trend around 4.00 percent in 2020, according to our econometric models.