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.
Notice: Undefined index: social in /var/www/html/application/views/scripts/index/article.phtml on line 259

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

Dismiss