In contrast, Croatia recorded the sole month-on-month increase in industrial PPI among EU member states in Southeast Europe (SEE) and second-highest in the EU, at 0.2%, the bloc's statistical office said in a data release on Monday. Overall, industrial producer prices in the EU went down 0.5% in March compared to the previous month.
On an annual comparison basis, Bulgaria's industrial PPI declined the most among EU states in SEE, for which data is available, by 12.8%, compared to a bloc average drop of 7.6%.
On the other hand, Greece marked the smallest year-on-year fall in industrial prices in the region, at 1.3%.
Below are the percentage changes in the PPI of EU member states in SEE in March:
EU member state | March y/y | March m/m |
Bulgaria | -12.8 | -3.4 |
Croatia | -2.0 | 0.2 |
Greece | -1.3 | -2.3 |
Romania | n/a | n/a |
Slovenia | -3.7 | -0.1 |
EU average | -7.6 | -0.5 |
Source: Eurostat