Romania inflation eases in September
Romaniaʼs consumer price index (CPI) rose 2.5% year-on-year in September, after a 2.7% increase in August, figures from the National Statistical Institute (INS) showed this week.
Food prices increased 4.96% and prices of non-food goods rose 0.62%. Service costs grew 2.89%. On month, consumer prices fell 0.14% in September.
Annual inflation, based on the EU measure of harmonized index of consumer prices, (HICP) eased to 2.1% in September from 2.5% in August. Separate data from the Bucharest-based institute showed that the trade deficit increased to EUR 1.513 billion in September from EUR 1.361 billion in the same month last year. In July, the trade deficit was EUR 1.323 billion.
Exports fell 8.0% yearly in August, following a 5.1% decline in July. Imports decreased 3.9% annually in August, following a 9.9% fall in the previous month.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.