Romania producer price inflation accelerates in March
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Romania's producer price inflation increased at a sharp pace in March, data from the Bucharest-based National Institute of Statistics (INS) showed on Tuesday.
The producer price index (PPI) increased 51.68% year-on-year in March, following a 43.86% rise in February.
Prices in the domestic market increased 67.63% and those in the non-domestic market rose 24.19%.
Among the main industrial groups, prices for energy accelerated 55.04% annually in March. Prices for intermediate goods and capital goods increased by 32.38% and 11.96%, respectively.
Prices for durable consumer goods gained 16.92% and those for non-durable consumer goods rose 11.86%. On a monthly basis, producer prices grew 6.97% in March, led by a more than 15% increase in energy prices.
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