Romania: Inflation edges up in December
January 15, 2020
Consumer prices rose 0.4% month-on-month in December, up from November’s 0.2% uptick. The largest increase was recorded for prices for food, while prices for non-food goods and services ticked up.
Inflation logged 4.0% in December from November’s 3.8%, marking the highest print since July, and thus moved further above the upper bound of the Central Bank’s 1.5%–3.5% target range. Meanwhile, annual average inflation was stable at November’s 3.8% in December.