Romania Producer Prices Fall Further in June

Figures

Photo by Albert Zoltan / Shutterstock.com

Romania's producer price index (PPI) increased 3.8% year-on-year in June, after a 7.6% growth in May, data from the National Institute of Statistics (INS) showed on Wednesday.

The latest inflation was the lowest since February 2021, when prices had risen 2.1%. Prices in the domestic market grew 6.3% annually in June, while those in the foreign market dropped by 1.9%.

Among the main industrial groups, prices for non-durable consumer goods climbed 12.4% annually in June, while energy prices grew at a slower rate of 2.9%.

Prices for capital goods and durable goods rose 6.9% over the year. On the other hand, prices for intermediate goods showed a decline of 2.7%.

Compared to the previous month, producer prices dropped 0.6% in June, the Bucharest-based statistics agency said. 

ADVERTISEMENT

Hungary PMI Rises to 52.2 in February Analysis

Hungary PMI Rises to 52.2 in February

Hungary Makes Proposals to Ease Administrative Burden for EU... EU

Hungary Makes Proposals to Ease Administrative Burden for EU...

Colette Matz Named New Country President of Novartis Hungary Appointments

Colette Matz Named New Country President of Novartis Hungary

Investors of the Year in Limelight at Hipa’s Award Ceremony Awards

Investors of the Year in Limelight at Hipa’s Award Ceremony

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 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.