Bulgaria Sees EU's Largest Increase of Industrial Producer Prices Sept 2012 Y/Y

Bulgaria observed the largest annual increase of its industrial producer price index among all EU member states in September 2012 (+6.6%), according to Eurostat.

Bulgaria is followed by Cyprus (+6.3%) and Romania (+6.0%), while the smallest increases were registered in Sweden (+0.5%), Malta, Austria and Slovenia (all +0.9%).

In September 2012 compared with September 2011, industrial producer prices gained 2.7% in the euro area and 2.6% in the EU27.

In September 2012, compared with September 2011, prices in total industry excluding the energy sector increased by 1.2% in the euro area and by 1.3% in the EU27. Prices in the energy sector rose by 7.0% and 6.6% respectively. Non-durable consumer goods gained 2.4% in the euro area and 2.6% in the EU27. In both zones, durable consumer goods rose by 1.3%, capital goods by 0.9% and intermediate goods by 0.7%.

In September 2012, compared with the previous month, prices in total industry excluding the energy sector gained 0.3% in both the euro area and the EU27. Prices in the energy sector remained stable in the euro area and rose by 0.5% in the EU27. In both zones, intermediate goods and non-durable consumer goods increased by 0.4%, while capital goods and durable consumer goods remained stable.

In September 2012, compared with August 2012, the industrial producer price index1 rose by 0.2% in the euro area (EA17) and by 0.3% in the EU27. In August3 prices increased by 0.9% and 1.1% respectively.