Romania's Industrial PPI up in December
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Romania's producer price inflation eased further in December to the lowest rate in just over a year amid a slowdown in energy costs, data from the Bucharest-based National Institute of Statistics (INS) showed on Thursday.
The producer price index (PPI) increased 32.8% year-on-year in December, after a 35.1% growth in November.
Prices in the domestic market surged 41.9% yearly in December and those in the foreign market advanced 13.8%. A
mong the main industrial groups, prices for energy climbed 68.9% annually, but slower than November's 75.2% jump.
Producer prices for non-durable consumer goods and intermediate goods gained by 20.5% and 16.3%, respectively.
Prices for durable consumer goods grew by 14.8% and those for capital goods rose by 9.2%. Compared to the previous month, producer prices edged up 0.2% in December.
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