Industrial production prices rise 46.6% in May

 

In May 2022, the prices of total industrial production (domestic market and foreign market) increased by 1.5% compared to April 2022.

 

According to the quoted source, at the level of the domestic market, the index of industrial production prices registered an increase of 0.47% in May, compared to April 2022, respectively an increase of 59.19% compared to May last year.

 

Also, regarding the foreign market, the price increases were of 3.76% (compared to April 2022) and of 25.12% (compared to May 2021).

 

By major industrial groups, in May 2022, compared to the same month of 2021, the most important increases in industrial production prices were recorded in: energy industry (+ 129.80%), intermediate goods industry (+ 34.41%), the durable goods industry (+ 17.61%), the capital goods industry (+ 10.67%) and the current use goods industry (+ 15.43%).

 

Compared to the reference period, INS data show that, by activity sections, prices increased in: production and supply of electricity and heat, gas, hot water and air conditioning, by 135.73%; extractive industry (+ 116.45%); processing industry (+ 27.71%) and water distribution; sanitation, waste management, decontamination activities (+ 15.22%).