Romania’s producer prices rose at a slower rate in June as prices in the foreign market declined and domestic market prices moderated, data from the National Institute of Statistics showed Monday.
Producer prices grew 0.3 percent year-on-year in June following the 0.8 percent increase in May.
Domestic producer prices increased at a slower rate of 0.6 percent in June compared with the 0.9 percent rise in May.
Meanwhile, export market prices dropped 0.3 percent, partially reversing the 0.7 percent growth in May.
On a month-on-month basis, producer prices fell 0.3 percent in June, which was faster than the 0.2 percent drop in May. Domestic producer prices and foreign market producer prices slid 0.3 percent, each, in June.
The material has been provided by InstaForex Company – www.instaforex.com