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Moldova's industrial PPI down 1.3% y/y in May

Jun 21, 2024, 11:05:26 AMArticle by Bogdan Todasca
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June 21 (SeeNews) - Moldova's industrial producer prices decreased by 1.3% year-on-year in May, easing further from an annual drop of 3.5% in April, the country's statistical office said on Friday.

Moldova's industrial PPI down 1.3% y/y in May
Moldova's industrial PPI. Source: BNS

On a monthly comparison basis, the industrial producer price index (PPI) rose 1.9% in May, the National Bureau of Statistics, BNS, said in a press release. In April, industrial producer prices inched up by 0.1% month-on-month.

In May, the prices of non-durable, durable, and intermediary goods inched up by 0.2%, 0.4% and 0.5% on the month, respectively. The prices of capital goods saw a 16.2% hike, while energy-related goods stood flat on the month.

Moldova’s May industrial producer prices, percentage change:

May '24, y/y May '24, m/m
Total -1.3 +1.9
-mining +8.0 +0.3
-manufacturing +0.8 +2.1
-electricity and thermal energy -24.2 0.0

Source: BNS

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