Romania Producer Prices Continue to Fall in December
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Romania's producer prices declined for the sixth successive month in December, data from the Bucharest-based National Institute of Statistics (INS) showed on Friday.
The producer price index (PPI) fell 3.4% year-on-year in December, faster than the 2.6% decline in November. Prices in the domestic market declined 5% annually in December, while those in the foreign market rose by 0.7%.
Among the main industrial groups, prices for energy goods decreased the most by 9.9% annually in December, followed by intermediate goods with 4.6% fall.
Meanwhile, prices for non-durable consumer goods grew 5.9%. Compared to the previous month, producer prices dropped 0.6% in December.
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