Wednesday, January 7, 2009

Romania Producer Price Inflation Eases In November

(RTTNews) - Tuesday, Romania's National Institute Of Statistics said the producer price index, or PPI rose 11.7% year-over-year in November, slower than 16.7% in October.

In November, manufacturing prices grew 12.83% on an annual basis, while prices in mining increased 2.51%. Prices in the heat and electricity, gas and water group were up 10.77%.

On a monthly basis, producer prices dropped 2.5% in November, compared with a 0.1% decline in the previous month.

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