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Romanian May Industrial Producer Prices +16.8% On Year

Romania’s industrial producer price index rose 16.8% on the year in May driven by higher prices in the manufacturing sector, the National Statistics Institute said Wednesday.
Romanian May Industrial Producer Prices +16.8% On Year
02 iul. 2008, 10:02, English

In May, manufacturing prices rose 19.6% on the year, while mining industry prices rose 11% on an annual basis. Prices in the energy sector rose 3% on the year in May, the institute said.

Industrial producer prices rose 1.7% on the month in May, compared with the monthly rise of 1.1% in April. Prices in the manufacturing sector rose 2.2% on the month in May, energy prices were up a slight 0.1%, while prices in the mining sector were down 1.4%.

Producer price data are preliminary and include domestic and foreign market prices.