Romania Producer Prices Fall Further in June
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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.
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