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Financial News: Romania Producer Price Inflation Slows; Retail Sales Rise

Romania Producer Price Inflation Slows; Retail Sales Rise

08/02/2019 - 04:23:00 (RTTNews)

(RTTNews) - Romania producer price inflation slowed for the second month in June, figures from the National Statistical Institute showed on Friday.

The producer price index climbed 3.3 percent year-on-year in June, following a 4.7 percent rise in May. In April, inflation was 5.60 percent.

Domestic producer prices and export market prices rose 4.69 percent and 1.03 percent, respectively, in June.

On a monthly basis, producer prices fell 0.8 percent in June.

Separate data from the National Statistical Institute showed that the retail sales rose 5.7 percent annually in June, following a 3.9 percent in the previous month.

On a month-on-month basis, retail sales grew 1.3 percent in June, after a 0.5 percent in the prior month.

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