Bulgaria records EU’s biggest annual rise in fuel prices in August

Bulgaria recorded the EU’s sharpest annual increase in prices for fuels and lubricants for personal vehicles in August, according to Eurostat data. Prices rose 34.5% year on year, compared with an average increase of 23.8% across the other EU countries. The rise in August was the highest since the conflict between the United States and Iran began. The previous high was 33.9% in May.

Bulgaria also posted the second-largest monthly rise in diesel prices. Diesel was 13.5% more expensive in August than in July, compared with an average increase of 8.3% in the other EU countries. Only Czechia recorded a steeper rise, at 14.3%.

Editor: Diana Tsankova