Romania producer price inflation surges in January


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Romania's producer price inflation accelerated sharply in January, data from the Bucharest-based National Institute of Statistics (INS) showed on Wednesday.

The producer price index (PPI) climbed 43.0% year-on-year in January, following a 33.29% rise in December.

Prices in the domestic market increased 57.22% yearly in January and those in the non-domestic market rose 18.41%.

Among the main industrial groups, prices for energy soared 130.27% annually in January.

Prices for durable consumer goods grew 16.1% and those for non-durable consumer goods rose 8.49%.

Prices for intermediate goods and capital goods increased 29.07% and 9.97%, respectively. On a month-on-month basis, producer prices rose 8.58% in January. 



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