BUSINESS ECONOMY

Eurostat: Romania, sixth in the European Union in terms of rises in the June 2015 industrial producer prices

Romania was sixth in the European Union in terms of rises in the June 2015 industrial producer prices on a monthly basis, while the same indicator declined 0.1 per cent in the Eurozone, according to data released on Tuesday by the EU’s statistics office Eurostat.
The largest decreases in industrial producer prices were observed in Lithuania (-1.5 per cent), Denmark, Slovakia and Sweden (all -0.9 per cent), and the highest increases in Spain (+0.9 per cent), Estonia (+0.6 per cent), Hungary (+0.5 per cent), Poland (+0.4 per cent), Bulgaria, Ireland and the Netherlands (+0.2 per cent each), Romania and Latvia (+ 0.1 per cent each).
In June 2015, compared with June 2014, industrial producer prices decreased by 2.2 per cent in the euro area (E19) – Belgium, Germany, Estonia, Ireland, Greece, Spain, France, Italy, Cyprus, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Austria, Portugal, Slovenia, Slovakia and Finland – and by 2.7 per cent in the EU28 – Belgium, Bulgaria, the Czech Republic, Denmark, Germany, Estonia, Ireland, Greece, Spain, France, Croatia, Italy, Cyprus, Latvia, Lithuania, Luxembourg, Hungary, Malta, the Netherlands, Austria, Poland, Portugal, Romania, Slovenia, Slovakia, Finland, Sweden and the United Kingdom. Industrial producer prices fell in all Member States except Luxembourg (+0.5 per cent). The largest decreases were observed in Lithuania (-8.5 per cent), Denmark (-7.3 per cent), the United Kingdom (-6.7 per cent), Cyprus (-6.0 per cent) and the Netherlands (-5.8 per cent).
In Romania, industrial producer prices were down 1.8 per cent in June 2015, year-on-year, after another 2.2-per-cent drop in May.

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