In October, consumer prices rose 0.64% over the previous month. The print contrasted the 0.21% decline in September and marked the first rise after four consecutive monthly price drops. The increase was the result of higher prices for food, as well as for services. Annual headline inflation inched up from 3.5% in September to 3.6% October, within the Central Bank's tolerance margin of 2%-4%, but defying market expectations that had inflation falling to 3.2%. Nevertheless, annual average inflation dropped from 7.0% in September to 6.6% in October. The Central Bank expects inflation to end this year at 3.3% and to fall further to 3.0% by the end of next year.
Inflation inches up in October
November 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.