Romania December PPI +0.4% On Month, +7% On Year
Romania’s industrial producer price index inched up 0.4% in December from the previous month, backed by increases in most sectors, the country’s statistics institute INS said Thursday.
Prices in the utility sector rose 12.7% on the month in December 2011, while mining and energy prices were up 2% and 1.7% respectively, the data showed.
Manufacturing industry prices inched down 0.1% on the month.
In annual terms, industrial prices rose 7% in December, boosted by higher prices in all sectors.
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