In February, consumer prices increased 0.77% over the previous month, which matched the rise recorded the previous month. The increase mainly reflected higher prices for food, while non-food prices softened and prices for services remained flat. Annual headline inflation rose to 7.6% in February, after it had fallen a full percentage point to 7.0% in January. The jump surprised market analysts, who saw inflation rising to 7.4%. Annual average inflation rose from 6.2% in January to 6.5% in February. The Central Bank has set a 3.0% inflation target for this year with a 1.0 percentage point tolerance margin and expects inflation to end the year at 3.6%, before declining to 3.2% in 2012.
Inflation accelerates in February
March 10, 2011
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Romania Economic News
October 12, 2016
Industrial output expanded 5.3% in August from the same month last year, which was the fastest expansion in one year.
October 11, 2016
In September, consumer prices inched down 0.1% from the previous month, contrasting August’s 0.1% expansion.
September 14, 2016
Industrial output contracted 3.4% in July over the same month last year, which was the fastest contraction rate in almost seven years and contrasted the 1.1% expansion recorded in June.
September 9, 2016
In August, consumer prices inched up 0.1% over the previous month, rebounding from July’s 0.2% contraction.
September 6, 2016
In second quarter of 2016, the economy expanded 6.0% over the same period of the previous year, the fastest rate of growth since Q3 2008, according to detailed data released on 6 September.