In July, consumer prices added 0.59% over the previous month, which contrasted the 0.04% drop recorded in June. The increase was the result of a prolonged drought and a weaker currency, which boosted prices in all categories. Annual headline inflation, jumped from 2.0% in June to 3.0% in July, exceeding market expectations of a 2.7% rate. Annual average inflation, however, inched down from 3.0% in June to 2.9%.
Inflation jumps in July
August 10, 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.