Romania Inflation Falls To 3.14% In December, Below Ctrl Bank Target
Romanian consumer prices inched up 0.23% on the month in December, on higher prices all across, but the annual inflation eased for the second straight month to 3.14%, a new record low in over two decades, official data showed Monday.
The annual rate was comfortably within central bank’s target range of 2%-4%. The central bank hasn’t reached its year-end inflation target since 2006.
Food prices increased 0.4% on the month in December, while non-food and services prices were up 0.1% and 0.3%, respectively, the statistics institute INS said.
Romanians paid by 10,4% more for eggs in December compared with a month earlier, while the cost fresh and canned vegetables advanced 2.25%.
Citește și
5 min
Ștefan Stan
2 min
Ziarul Financiar
2 min
Ștefan Stan