INS: Industrial production prices increased by 14% in July

Prices increased in: manufacturing industry, by 12.17%, production and supply of electricity and heat, gas, hot water and air conditioning (+ 25.78%). Photo: INQUAM Photos

Industrial production prices increased by 14% in July 2021 compared to the same month last year, according to data released on Thursday by the National Institute of Statistics (INS).

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

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

Also, in terms of external, 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 important increases in industrial production prices were recorded in: energy industry (+ 31.02%), intermediate goods industry (+ 17.31%), consumer goods industry long-term use (+ 6.33%), the current use goods industry (+ 5.31%) and the capital goods industry (+ 4.11%).

Compared to the reference period, INS data show that, by activity sections, 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, decontamination activities (6.07%).

At the opposite pole are activities of services ancillary to extraction, which recorded a decrease of 5.37% in July 2021, compared to the same month last year.

You May Also Like

More From Author