Romania PPI inflation eases in April
Romania's producer prices continued to rise sharply in April, though at a slower pace than in the previous month, data from the Bucharest-based National Institute of Statistics (INS) showed on Thursday.
Producer prices climbed 47.1% year-on-year in April, slower than the 51.64% surge in March.
Prices have been increasing since December 2020. Prices in the domestic market grew 60.4% annually in April and those in the non-domestic market gained 24.3%. Among the main industrial groups, prices for energy alone jumped 131.35% in April compared to last year.
Prices for intermediate goods and durable consumer goods increased by 34.27% and 15.94%, respectively.
Prices for capital goods rose 12.25% and those for non-durable consumer goods climbed 14.14%.
On a month-on-month comparison basis, producer prices dropped 1.9% in April, led by an 8.29% fall in energy prices.
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