In December, consumer prices rose 0.23% over the previous month, which came in below the 0.42% rise recorded in November. The increase was the result of higher prices for food, as well as for services. Annual headline inflation fell from 3.4% in November to 3.1% in December, which was within the Central Bank's tolerance margin of 2%-4%, and marked the lowest level in two decades. The reading was below market expectations that had inflation inching down to 3.3%. Annual average inflation dropped from 6.2% in November to 5.8% in December. The Central Bank expects inflation to end this year at 3.0%, in line with its target.
Inflation falls to lowest level in two decades
January 11, 2012
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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.