Producer prices in the euro area rose in February by 0.1%

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In the eurozone in February, a slowdown in producer prices was recorded. According to Eurostat, prices rose by 0.1% compared with a 0.3% rise in January. Compared to February 2018, the increase was 3%. In the European Union in February, the rise in producer prices relative to January was at the level of 0.2%. The annual rate increased by 3.1%. Companies in Slovakia increased the prices the most, their figure increased by 1.8%. In Bulgaria, the increase was at the level of 1.5%, in Lithuania and Greece - at the level of 1.2%. Price reductions have been noted in Estonia, Portugal and Denmark. For the year the fall in prices was not observed in any country. The largest annual price increase was shown by Latvia, where the figure increased by 6.6%.

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