Industrial output prices up 15.9% in August

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Industrial production prices (domestic and foreign market) increased by 15.9% in August 2021 compared to the same month last year, data published on Monday by the National Institute of Statistics (INS) and quoted by Agerpres show.

In August 2021, industrial production prices in total (domestic and foreign market) increased by 1.5% compared to July 2021.

According to the cited source, at the domestic market level, the industrial price index recorded a jump of 1.5% in August compared to July 2021, or 17.39% compared to August last year.

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Also on the external side, price increases were 1.49% (compared to July 2021) and 13.36% (compared to August 2020).

By major industrial groups, in August 2021 compared to August 2020, the most significant increases in industrial output prices were recorded in: energy industry (+35.54%), intermediate goods industry (+19.38%), durable goods industry (+8.09%), consumer goods industry (+5.57%) and capital goods industry (+5.25%).

Compared to the reference period, NSI data show that, by sector of activity, prices increased in: manufacturing industry (+13.52%), production and supply of electricity and heat, gas, hot water and air conditioning (+30.22%) and water distribution; sanitation, waste management, remediation activities (6.79%).

At the opposite end of the scale are service activities auxiliary to mining and quarrying, which recorded a decrease of 6.13% in August 2021 compared to the same month of the previous year.

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