Industrial production prices, up by almost 4 pc this January yoy; good results at EU level

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In January 2018, industrial production prices for the total (domestic market and non‐domestic market) were up 1.1 percent from December 2017, National Institute of Statistics (INS) reveals.

At the same time, in a year-on-year comparison, industrial production prices for the total (domestic market and non‐domestic market) increased by 3.7 percent in January 2018.

In this context, the mining and quarrying industry registered an increase by 7.47 percent, while the manufacturing industry registered an increase by 4.89 percent. As regards water supply, sewerage, waste management, the production registered a slight increase by 0.62 percent.

On the other hand, in electric and thermic energy distribution and supply and gases, steam and air conditioning, the industrial production prices decreased by 3.82 percent in January 2018 yoy.

However, at EU28 level, Romania is among the countries with the highest increases in industrial producer prices – 1.3 percent in January 2018, compared to December 2017, according to Eurostat data.

Romania is overtaken only by Estonia (+2.9 percent), Portugal (+1.5 percent) and is followed by Denmark, Latvia and Slovakia (all +1.1 percent). The only decrease was recorded in Ireland (-0.4 percent).

In January 2018, compared with December 2017, industrial producer prices rose by 0.4 percent in both the euro area (EA19) and the EU28, the statistical office of the European Union reveals. In January 2018, compared with January 2017, industrial producer prices rose by 1.5 percent in the euro area and by 1.9 percent in the EU28.

 

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