February 2 (SeeNews) - Romania’s industrial producer prices decreased by 3.4% year-on-year in December 2023, mainly due to a drop in mining and utilities, the statistical office, INS, said on Friday.
On a monthly comparison basis, industrial producer prices edged down by 0.6% in December, INS said, quoting provisional figures.
On the domestic market, industrial producer prices decreased by 4.97% year-on-year in December, while on the external market prices edged up by an annual 0.72%.
Energy prices fell 9.83% on the year in December, while the prices of intermediate goods decreased by 4.59%. Capital goods saw a 4.81% annual increase, while the prices of durable and non-durable consumer goods increased by 3.4% and 5.89%, respectively.
Romania’s December industrial producer prices (provisional data, pct change):
|
Dec y/y |
Nov y/y |
Dec m/m |
Nov m/m |
Total |
-3.39 |
-2.55 |
-0.61 |
+0.24 |
-mining |
-15.72 |
-18.82 |
-0.97 |
+1.42 |
-manufacturing |
-0.22 |
-1.05 |
-0.56 |
-0.05 |
-utilities |
-8.53 |
-4.1 |
-0.75 |
+1.57 |
-water and waste management |
+17.5 |
+18.17 |
+0.75 |
0.00% |
Source: INS