Romania's inflation steady in December

Figures

Romania's consumer price inflation remained unchanged in December, figures from the Bucharest-based National Statistical Institute (INS) showed on Thursday.

The consumer price index (CPI) rose 2.1% year-on-year in December, same as seen in November. Food prices increased the most by 3.24%, while prices for non-food goods rose 1.01%. Service costs grew 2.69%.

On a month-on-month basis, consumer prices rose 0.34% in December. Annual inflation, based on the EU measure of harmonized index of consumer prices (HICP), rose to 1.8% in December from 1.7% in the previous month. In a separate statement, the statistics institute also said, that Romania's industrial turnover rose 1.2% year-on-year in November. On a monthly basis, industrial turnover declined 4.6% in November.

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