Romanian October PPI Rises At 5th Fastest Pace In EU

The European Union’s average index was up 6.4% on the year, the statistics office Eurostat said.

The highest increases in the total index were observed in the United Kingdom (+11.7%), Lithuania (+11.4%) and Latvia (+9.8%), and the smallest in Malta (+0.8%) and Slovakia (+3%). The only decrease was recorded in Sweden (-0.7%).

In October from a month earlier, Romanian industrial prices inched up 0.3%, also the fifth biggest growth in the EU bloc. The EU’s average growth was 0.2%.