You have 10 free articles left this month. Get your freeBasic subscription now and gain instant access to more.

Bulgaria maintains EU's highest annual PPI growth in Oct - Eurostat

Bulgaria maintains EU's highest annual PPI growth in Oct - Eurostat Author: MPD01605. License: Creative Commons, Attribution-ShareAlike 2.0 Generic.

SOFIA (Bulgaria), December 3 (SeeNews) - Bulgaria had the highest annual increase in industrial producer prices among EU member states in October - of 3.8%, followed by Romania with 2.9%, the bloc's statistical office said on Tuesday.

Bulgaria posted the highest annual increase for a second consecutive month in October, after its industrial producer price index (PPI) increased by 4.5% in the previous month. 

On a monthly comparison basis, Bulgaria's industrial PPI edged up by 0.1% in the review period - which corresponds to the EU's monthly average, while Romania's PPI increased by 0.4%, Eurostat said in a statement.

Elsewhere in Southeast Europe (SEE), Slovenia's industrial PPI rose 1.9% year-on-year in the review period, marking the third-highest annual increase in the EU. The country's industrial PPI dropped by 0.4% on a monthly comparison basis. 

Croatia's industrial PPI decreased by 0.5% on the year and added 0.2% month-on-month, while Greece's industrial PPI fell by 4% year-on-year and by 0.2% on a monthly comparison basis. 

On average, industrial PPI in the EU decreased by an annual 1.6% in October and was 0.1% higher month-on-month.