Romania producer prices continue to fall in November
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Romania's producer prices continued to decline in November, data from the Bucharest-based National Institute of Statistics (INS) showed on Tuesday.
The producer price index (PPI) declined 0.71% year-on-year in November, following a 1.04% fall in October. Prices in the domestic market and non-domestic market decreased 0.54% and 1%, respectively in November.
Among the main industrial groups, prices for energy declined by 9.81% annually in November. Meanwhile, prices for non-durable consumer goods gained 3.71% and those for capital goods grew 2.85%. Prices for durable goods and intermediate goods increased by 2.09% and 0.50%, respectively. On a month-on-month basis, producer prices rose 0.62% in November.
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