Producer Prices in Romania
Romania - Producer Prices
Inflation rises in July
Consumer prices declined 0.2% month-on-month in July, matching June’s print. July’s drop reflected lower prices for food and non-food goods.
Inflation rose to 4.1% in July (June: 3.8%), thus moving further away from the Central Bank’s 1.5%–3.5% target range. Meanwhile, annual average inflation inched down to 4.0% from 4.1% in June.
FocusEconomics Consensus Forecast panelists see inflation averaging 3.9% in 2019, which is up 0.1 percentage points from last month’s forecast. For 2020, panelists see inflation averaging 3.3%.
Romania - Producer Prices Data
|Inflation (PPI, annual variation in %)||-||-||-||-||-|
5 years of economic forecasts for more than 30 economic indicators.
|Bond Yield||4.37||0.23 %||Jul 31|
|Exchange Rate||4.25||-0.34 %||Jul 31|
|Stock Market||9,204||-0.59 %||Jul 31|
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August 14, 2019
Romania’s economy grew 4.4% year-on-year in the second quarter, according to a preliminary estimate released by the Statistical Institute on 14 August.
August 12, 2019
Consumer prices declined 0.2% month-on-month in July, matching June’s print.
August 12, 2019
Industrial output fell 0.2% on an annual basis in June, contrasting May’s 0.2% increase.
August 5, 2019
On 5 August, 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.
July 12, 2019
Industrial output rose 0.2% on an annual basis in May, decelerating from April’s 1.4% increase.