Romania’s inflation rises further in January, industrial production up in Dec

Photo by Albert Zoltan / Shutterstock.com

Romania's consumer price index (CPI) rose 3% year-on-year in January, following a 2.1% increase in December, figures from the National Institute of Statistics (INS) showed on Friday.

The latest inflation was the highest since March, when it was 3.1%. Prices of non-food products grew 3.25% and those of food products rose by 2.88% in January.

Services cost increased by 2.51%. On a monthly basis, consumer prices rose 1.33% in January. Separate data from the Bucharest-based statistics agency showed that industrial production increased a seasonally and working-day adjusted 0.9% month-on-month in December. Production in manufacturing increased 0.5% monthly in December and mining and quarrying output rose 3.4%.

Production of electricity grew 0.4%. On an annual basis, industrial production gained 1.6% in December. On an unadjusted basis, industrial production declined 8.8% monthly in December and rose 2.6% from a year ago.

Domestic

Matolcsy Calls for Turnaround of Economic Policy

Office Market

Pioneering a Fresh Approach to how Real Estate is Used

Figures

Hungarian Fuel Prices Favourable, Says Ministry

Transport

Bahart Ferries Carried 1.23 mln Passengers This Summer

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For over 30 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.