Eurostat

Industrial producer prices, which refer to the prices that producers receive for the products they make, increased by 2.4% in Cyprus in March 2023 compared to the previous month, according to the statistical office of the European Union, Eurostat. Meanwhile, prices decreased by 1.6% in the eurozone and by 1.5% in the EU during the same period.

Producer prices in the EU fell in February for the second month in a row since the beginning of the year, with the biggest drop on a monthly basis recorded by producer prices in Bulgaria, according to data from European official statistics. Meanwhile, annualized manufacturing inflation continued to ease in February from peaks reached in August 2022.

Eurostat's provisional data on March inflation, released on Friday, showed a slowdown in the rate of price growth in Greece, but also in the eurozone as a whole.

Inflation in the 20 countries that use the euro currency slowed to the lowest level in a year as energy prices dropped, but food costs were still on the rise, keeping pressure on the European Central Bank to hike interest rates further.

In 2022, gross domestic product (GDP) per capita, expressed in purchasing power standards (PPS), varied between 59 percent from the European Union average in Bulgaria and 261 percent in Luxembourg. This is shown by the latest data of the European statistical agency Eurostat, published yesterday on its official page and quoted by BTA.

With 1,787 deaths per 100,000 inhabitants, Bulgaria has the highest mortality rate in the EU in 2020, reported the European Union's statistical agency Eurostat.

Bulgaria is followed by Romania (1,622), Hungary (1,513), Lithuania (1,482) and Latvia (1,445).

In July, a new absolute record of inflation was recorded in the Eurozone - 8.9% on an annual basis compared to 8.6% in June. This is stated in the published report of the European statistical agency Eurostat. Annual inflation in the Eurozone increased 3.5 times from 2.16% last year for July.

As noted by the agency, monthly inflation rose by 0.1% in July, after a rise of 0.8% in June.

The Euro continued to fall on Wednesday, hitting a new 20-year low below US$1.0200 and is on track to reach the cash level (1.0000) soon on growing concerns that Russia may cut off supplies of gas to Europe, contributing to the entry of the Eurozone into recession, which would make it difficult for the ECB to carry out its planned policy of raising interest rates to control record inflation.

Energy prices and supply disruptions caused by the war in Ukraine have led to a new record jump of 7.5% in consumer prices in the Eurozone, according to the EU's statistics agency Eurostat.

Luxembourg – Slovenia saw the biggest decline in greenhouse gas emissions in the EU in the third quarter of 2021 when compared to the same quarter a year before even as emissions across the bloc increased to slightly below pre-pandemic levels, Eurostat data shows.