For the eighth month… producer prices rise in Romania

Romania’s producer price index rose for the eighth consecutive month in July, data from the National Institute of Statistics showed on Thursday.
The producer price index grew by 98.13% year-on-year in July, after rising by 85.11% year-on-year in June, according to the German news agency.
Prices in the local market rose by 35.15% on an annual basis in July, and prices in the non-local market increased by 63.11%.
For major industrial groups, energy prices jumped 22.31% y/y in July. The prices of durable consumer goods increased by 33.6%, while the prices of non-durable consumer goods increased by 31.5%.
The prices of intermediate and capital goods rose by 31.17% and 11.1%. 4%, respectively.
On a monthly basis, producer prices rose by 31.2% in July.


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