Industrial output prices up 14% in July

industrie, sudor Sursa foto: Pixabay

Industrial production prices (domestic and foreign market) increased by 14% in July 2021 compared to the same month last year, data published Thursday by the National Institute of Statistics (INS) show, Agerpres writes.

In July 2021, total industrial production prices (domestic and foreign market) increased by 2.3% compared to June 2021.

According to the cited source, at the domestic market level, the industrial price index recorded a jump of 2.82% in July compared to June 2021, respectively 15.35% compared to July last year.

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Also, on the external side, price increases were 1.42% (compared to June 2021) and 11.63% (compared to July 2020).

By major industrial groups, in July 2021 compared to July 2020, the most significant increases in industrial output prices were recorded in: energy industry (+31.02%), intermediate goods industry (+17.31%), durable goods industry (+6.33%), consumer goods industry (+5.31%) and capital goods industry (+4.11%).

Compared to the reference period, NSI data show that, by sector of activity, prices increased in: manufacturing industry, by 12.17%, production and supply of electricity and heat, gas, hot water and air conditioning (+25.78%) and water distribution; sanitation, waste management, remediation activities (6.07%).

At the opposite end of the scale are service activities auxiliary to mining and quarrying, which recorded a decrease of 5.37% in July 2021 compared to the same month of the previous year.