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Bulgaria posts EU's highest monthly PPI growth in Aug - Eurostat

Author Vasil Kolchev
Bulgaria posts EU's highest monthly PPI growth in Aug - Eurostat License: CC0 Creative Commons

SOFIA (Bulgaria), October 6 (SeeNews) - Bulgaria's industrial producer prices index (PPI) rose by 4.2% month-on-month in August, marking the biggest increase on a monthly comparison basis among all European Union (EU) member states during the month, the EU's statistical office said on Tuesday.

Neighboring Romania saw the highest year-on-year PPI increase among EU member states in Southeast Europe (SEE), of 17.3%, Eurostat said in a statement.

Bulgaria's annual PPI growth rate was 17.1%, slightly less than Romania's.

Elsewhere in SEE, Slovenia's PPI rose by just 8.1% year-on-year, marking the third-lowest annual increase among all EU member states, surpassed only by Malta with 1.3% and Slovakia with 7%.

Data about countries in SEE follows (in pct):

Aug y/y Aug m/m
Bulgaria 17.1 4.2
Croatia 10.3 1.0
Greece 10.5 0.2
Romania 17.3 1.5
Slovenia 8.1 1.4
EU average 13.5 1.1
Compare