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Romania Inflation December 2019

Romania: Inflation edges up in December

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.

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