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Moldova's industrial PPI down 3.5% y/y in April

May 21, 2024, 5:25:15 PMArticle by Alexandru Cristea
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May 21 (SeeNews) - Moldova's industrial producer prices decreased by 3.5% year-on-year in April, easing further from an annual drop of 3.8% in March, the country's statistical office said on Tuesday.

Moldova's industrial PPI down 3.5% y/y in April
Moldova's industrial PPI. Source: BNS

On a monthly comparison basis, the industrial producer price index (PPI) edged up by 0.1% in April, the National Bureau of Statistics, BNS, said in a press release. In March, industrial producer prices inched down by 0.7% month-on-month.

In April, the prices of intermediary goods, capital goods, and energy ticked down by 0.5%, 0.4%, and 0.2% on the month, respectively. The prices of durable goods edged down by 0.1%, while those of non-durable goods inched up by 0.5%.

Moldova’s April industrial producer prices, percentage change:

April '24, y/y April '24, m/m
Total -3.5 +0.1
-mining +7.8 -0.3
-manufacturing -1.7 +0.1
-electricity and thermal energy -24.2 -0.2

Source: BNS

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