site.btaBulgaria Registers Highest Increase in Industrial Producer Prices in EU in June, Y/Y

Bulgaria registered the highest increase in industrial producer prices in the European Union between July 2024 and the previous month with 3.6%, according to first estimates from Eurostat published on Wednesday. The average increase in both the euro area and the EU is 0.8%.

Bulgaria is followed by Greece (+2.9%) and Romania (+2.7%). The highest decreases were observed in Sweden (-0.9%), Finland (-0.7%) and Austria (-0.2%).

In July 2024, compared with July 2023, industrial producer prices decreased by 1.9% in the EU and increased by 0.9% in Bulgaria. 

On an annual basis, industrial producer prices decreased by 1.2% for intermediate goods and by 5.9% for energy in EU. They increased by 1.5% for capital goods, by 0.2% for durable consumer goods and by 0.9% for non-durable consumer goods. Prices in total industry excluding energy increased by 0.2%.

The largest annual decreases in industrial producer prices were recorded in Slovakia (-18.9%), Luxembourg (-6.7%) and Latvia (-6.0%). The highest increases were observed in Ireland (+6.1%), Romania (+2.7%) and Portugal (+2.0%).