Producer Prices in Romania
Romania - Producer Prices
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.
FocusEconomics Consensus Forecast panelists see inflation averaging 3.9% in 2019, which is unchanged from last month’s forecast. For 2020, panelists see inflation averaging 3.3%, which is also unchanged from last month’s forecast.
Romania - Producer Prices Data
|Inflation (PPI, annual variation in %)||-||-||-||-||-|
5 years of economic forecasts for more than 30 economic indicators.
|Bond Yield||4.07||0.23 %||Sep 04|
|Exchange Rate||4.29||-0.34 %||Sep 04|
|Stock Market||9,262||-0.59 %||Sep 04|
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October 14, 2019
Industrial production fell 7.0% on an annual basis in August, following July’s 3.0% contraction and marking the worst result since June 2009.
October 11, 2019
Consumer prices rose 0.1% month-on-month in September, matching August’s result.
October 10, 2019
GDP grew 4.4% year-on-year in the second quarter (Q1: +5.0% year-on-year), according to a second release published by Romania’s Statistical Institute on 10 October.
October 3, 2019
On 3 October, the National Bank of Romania (NBR) kept the policy rate unchanged at 2.50%, while also leaving the deposit facility rate at 1.50%, the lending facility (Lombard) rate at 3.50% and maintaining the reserve requirements on both leu- and foreign currency-denominated liabilities.
September 12, 2019
Industrial output fell 3.0% on an annual basis in July, an improvement from June’s 6.2% contraction but marking the second fall in a row.