Romania Inflation


Romania: June inflation edges up from post-communist record low

July 10, 2012

In June, consumer prices fell 0.04% over the previous month, which contrasted the 0.20% rise recorded in May. The drop was the result of lower prices for food and non-food items, which offset an increase in prices for services. Annual headline inflation, rose from 1.8% in May, a post-communist era record low, to 2.0% in June, undershooting market expectations of a 2.2% rate. The Central Bank expects inflation to end the year at 3.2% and to moderate to 3.0% in 2013


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