Romanian December PPI Rises At Fastest Pace In EU

The European Union’s average index was down 0.2% on the month, the statistics office Eurostat said.

The highest increases in the total index were observed in Romania, Ireland (+0.3%), Greece and Poland (both +0.2%), and the largest decreases in Denmark (-1.2%), Sweden (-0.8%), the Netherlands and Finland (both -0.5%).

In December from the year-earlier month, Romanian industrial prices rose 6.7%, the seventh biggest growth in the EU bloc. The EU’s average growth was 4.9%.