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Romania’s industrial producer prices jump 26.8% y/y in October

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Romania’s National Institute for Statistics (INS) announced on Thursday that the country’s industrial producer prices (domestic and foreign market) rose 26.84% in October 2021 compared to the previous year, according to a press release. 

„On a monthly comparison basis, industrial producer prices rose 6.3% in October compared to 3.16% rise in the previous month,” said INS.

In September, Romania’s industrial producer price index (PPI) rose 19.5% on the year. On the domestic market, industrial producer prices increased by 32.4% year-on-year in October, while on the external market, prices rose by an annual 17.47%.

Romania’s October industrial producer prices, provisional data (pct change):