Romania inflation on the rise in June
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Romania's consumer price inflation rose in June, data from the National Institute of Statistics (INS) showed on Tuesday. The consumer price index (CPI) rose 3.9% year-on-year in June, following a 3.8% increase in May.
Prices of non-food products grew 5.71% and those of food products rose by 2.17% in June. Services cost increased by 2.66%. On a monthly basis, consumer prices rose 0.27% in June.
Another report from the Bucharest-based statistics institute showed that industrial production grew an annual 30.3% in May.
On month, industrial production declined a seasonally and working-day adjusted 8.5% in May. On an unadjusted basis, industrial production gained 28.9% from a year ago in May and increased 6% month-on-month.
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