Romania producer prices increase again in December
Photo by Vlad Ispas / Shutterstock.com
Romania’s producer prices rose at the fastest pace in five months in December, data from the Bucharest-based National Institute of Statistics (INS) shows.
Photo by Vlad Ispas/Shutterstock.com
The producer price index increased 3.92% year-on-year in December, following a 3.37% rise in November. The latest inflation figure was the highest since July, when it was 4.21%.
Prices for domestic market and non-domestic market increased by 4.38% and 3.13%, respectively, in December. Among the main industrial groups, prices for non-durable consumer goods grew 5.62% annually in December and those of energy industry and intermediate goods rose by 5.48% and 0.95%, respectively.
Prices for both capital goods and durable consumer goods grew by more than 4% each. On a month-on-month basis, producer prices rose 0.3% in December, INS said on February 4.
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.