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Romania Inflation September 2019

Romania: Inflation recedes to an eight-month low in September

Consumer prices rose 0.1% month-on-month in September, matching August’s result. Higher prices for non-food goods were offset by lower prices for food, which declined for a fourth consecutive month in September.

Inflation fell to 3.5% in September (August: 3.9%), marking an eight-month low and landing on the upper bound of the Central Bank’s 1.5%–3.5% target range. Meanwhile, annual average inflation ticked down to 3.8%, from 3.9% in August.

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