ADVERTISEMENT

Romania inflation rises in July

Figures

Romaniaʼs consumer price inflation rose to the highest level in four months in July, data from the National Institute of Statistics (INS) showed on Wednesday.

The consumer price index rose 2.8% year-on-year in July, after a 2.6% increase in June. The latest inflation was the highest since March, when it was 3%.

Prices of food products grew 5.57% and those of non-food products rose by 0.88% in July. Services cost increased by 3%. On a monthly basis, consumer prices remained unchanged in July.

Another report from the Bucharest-based statistical agency showed that industrial production declined a seasonally and working-day adjusted 16.2% month-on-month in June.

On an annual basis, industrial production declined 14.3% in June. On an unadjusted basis, industrial production grew 19% monthly in June and declined 11.3% from a year ago.

ADVERTISEMENT

Czech economic confidence weakens in October Analysis

Czech economic confidence weakens in October

Parl't votes to phase out savings coops integration framewor... Parliament

Parl't votes to phase out savings coops integration framewor...

Roche Szolgáltató appoints P&C business partner lead Appointments

Roche Szolgáltató appoints P&C business partner lead

Budapest airport shuttle bus service expanded City

Budapest airport shuttle bus service expanded

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
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.