Romania PPI Inflation Eases in September
Photo by Albert Zoltan / Shutterstock.com
Romania's producer price inflation eased to a four-month low in September, though it remained strong overall, data from the National Institute of Statistics (INS) showed on Wednesday.
Producer prices climbed 46.7% year-on-year in September, slower than the 53% surge in August. Prices have been rising since December 2020.
Prices in the domestic market increased 62.9% annually in September and those of the foreign market rose 17.8%.
Among the main industrial groups, prices for energy grew the most, by 130.7% followed by intermediate goods with a 21.3% rise.
Prices for capital goods advanced 10.4%. Prices for durable consumer goods and non-durable consumer goods rose by 16.7% and 19.1%, respectively.
On a monthly comparison basis, producer prices decreased 1% in September.
ADVERTISEMENT
Financial Transformation: Now or Never
Gov't Extends Deposit Rate Cap Till Year-end
Media Markt Sanctioned for False Advertising
'Creating CEElicon' Valley in Focus of HVCA Investment Confe...
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
