Industrial producer prices advance 48.1pct in Romania in June 2022

Romania's industrial producer prices for the total market (domestic and non-domestic) increased by 48.1% in June 2022, y-o-y, according to data published on Tuesday by the National Institute of Statistics (INS).

In June 2022, industrial producer prices for the total market (domestic and non-domestic) increased by 3.1% on a monthly basis.

In terms of the domestic market, the producer price index posted a 3.89% monthly increase in June 2022, and a 61.20% annual increase.

Also, regarding the non-domestic market, the price increases were 1.53% on a monthly basis, and 25.47% y-o-y.

By large industrial groups, the most important annual increases in industrial producer prices were recorded in: the energy industry (+139.64%), the intermediate goods industry (+29.63%), durable goods industry (+18.08%), capital goods industry (+10.44%) and consumer goods industry (+15.99%), Agerpres.

By activity, prices increased in: electricity, gas, steam and air conditioning production and supply, by 145.75%; mining and quarrying (+111.79%); manufacturing (+27.52%) and water distribution, sanitation, waste management, decontamination activities (+17%).