Romania inflation jumps in March
Romania's consumer price inflation increased at a faster than expected rate in March, data from the Bucharest-based National Institute of Statistics showed (INS) on Tuesday.
The consumer price inflation rose to 10.2% in March from 8.5% in February. Economists had expected an inflation of 9.4%. Non-food prices grew 10.86% and food prices rose 11.2% annually in March. Services prices increased 6.53%.
On a monthly basis, the consumer price index rose 1.88% in March. The EU measure of harmonized index, or HICP, rose 9.6% yearly in March, following a 7.9% gain in the previous month. On a month-on-month basis, the HICP rose 1.95% in March.
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