Romania producer prices continue to fall in November

Photo by Bogdan Vija/Shutterstock.com

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.

Analysis

Corvinus Research Reveals Main Threats of AI in Education

Issues

Majority of District VI Residents Vote for Homestay Ban

Analysis

Hungarians Lag Behind in AI Readiness

Automotive

Hungary a ‘Frontrunner’ in Advancing Electromobility – State Sec

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For over 30 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.