Romania June PPI +0.4% On Month, +6.2% On Year

Romania’s industrial producer price index rose for the sixth consecutive month in June, fueled largely by increases in the mining and manufacturing sectors, the National Statistics Institute said Tuesday.

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Industrial prices inched up 0.4% in June, after a 1.3% increase in May.

By sector, prices in the mining industry increased 1.8% on the month in June, while manufacturing and utilities prices were up 0.5% and 0.4% on the month respectively. Energy prices nudged down 0.5% in June from a month earlier.

In annual terms, industrial prices rose 6.2% in June, boosted by higher prices in all activity sectors.

Manufacturing prices increased 7% in June from the year-earlier month, while prices in the utilities and mining sectors were up 6.2% and 3.8% on the year respectively. Energy prices rose 2.9% on the year.

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