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Romania producer price inflation rises further in February

Figures

Photo by Albert Zoltan / Shutterstock.com

Romania's producer prices continued to increase at a sharp pace in February, data from the National Institute of Statistics (INS) showed on Monday.

The producer price index (PPI) increased 43.83% year-on-year in February, following a 43% rise in January.

Prices in the domestic market increased 57.61% yearly in February and those in the non-domestic market rose 20.15%. Among the main industrial groups, prices for energy accelerated 229%.

Prices for intermediate goods and capital goods increased by 30.87% and 10.78%, respectively.

Prices for durable consumer goods gained 16.68% and those for non-durable consumer goods rose 9.65%.

On a monthly basis, producer prices rose 1.60% in February.

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