Producer prices surged 53% year-on-year in August, following a 52.3% increase in July, according to the Bucharest-based statistics agency. Prices have been rising since December 2020.

Prices in the domestic market increased 70.82% annually in August and those of the foreign market rose 22%.

Among the main industrial groups, prices for energy grew the most, by 158.13% annually in August, followed by intermediate goods with a 24.6% rise.

On a monthly basis, producer prices increased 1.9% in August.