Data released by the National Institute of Statistics on Tuesday reveals that Romania experienced a fourth consecutive month of declining producer prices in December. The producer price index demonstrated a 0.7% annual decrease during this month, following a 0.3% decline observed in November.
In the domestic market, prices showed a 2.3% annual increase in December, while those in the international market saw a more significant rise of 3.6%. Examining key industrial sectors, the energy industry experienced a notable drop in prices, declining by 7.7% compared to the previous year. Conversely, the non-durable goods sector saw prices increase by 5.0% in December on an annual basis, with capital goods experiencing a 4.2% rise.
Looking at month-to-month changes, producer prices fell by 0.9%.