Romanian industrial price inflation decelerates to 5.8% y/y in June.

By bne IntelliNews August 3, 2012
Romanias industrial producer price inflation decelerated to 5.8% y/y in June from 6.7% y/y a month earlier, the countrys statistics office said in a statement. The industrial prices edged down by a monthly 0.2% in June. In the manufacturing sector, the annual industrial price inflation eased to 6.1% y/y from 7.4% in May as prices edged down by 0.3% m/m. The PPI/CPI differential narrowed to 3.7pps from 4.9pps a month earlier as the inflationary pressures thus diminished. Nonetheless, higher industrial prices as well as the currency depreciation still exert certain pressures on the consumer prices.

Related Articles

Romania to spend EUR 37mn in 2013 to close down loss-making coal mines.

Romania's government has earmarked RON 163mn (EUR 37mn) worth of subsidies for 2013 under a programme aimed at closing down the loss-making mines of local company CNH located in the southwestern ... more

Romanias Hidroelectrica sells nearly 0.3TWh of electricity on free market.

Romanian state-controlled hydropower company Hidroelectrica sold on Thursday, March 21, in several separate contracts a total of 0.3TWh of baseload electricity deliverable between April 1 and the ... more

Romania to start privatisation of cargo railway company on April 6-8.

The Romanian government will publish the privatisation call for freight railway company CFR Marfa immediately after the consultants complete their work, probably on April 6-8, Romanian transport ... more

Notice: Undefined index: subject_id in /var/www/html/application/controllers/IndexController.php on line 335
Dismiss