Romania, the only EU country where industrial prices stall
Romania was the only EU member state where the industrial prices stalled in November 2015 compared to the previous month. However, the prices dropped by 2.3% year-on-year.
The industrial producer prices declined by 0.2% in the Eurozone and by 0.3% in the European Union in November 2015 compared to October, according to EU’s statistical office Eurostat.
The largest decreases took place in Cyprus (-1.6%), Estonia (-1.1%) and Denmark (-0.9%). Ireland, France, Latvia and Slovakia saw a growth of 0.2% month-on-month whereas Malta recorded a 0.3% increase in its industrial producer prices.
When compared to November 2014, the industrial producer prices went down by 3.2% in the Eurozone and 3.5% in the wider EU. Some of the steepest declines were recorded in Lithuania (-9%), the Netherlands (-8.1%), and the UK (-7%).
editor@romania-insider.com
