Romania inflation rises in June
Photo by Nataliia Sokolovska/Shutterstock.com
Romania’s consumer price inflation rose in June after easing in the previous month, data from the National Institute of Statistics (INS) shows.
Photo by Nataliia Sokolovska/Shutterstock.com
The consumer price index rose 2.6% year-on-year in June, following a 2.3% increase in May. Economists had forecast a 2.5% rise. In April, inflation was 2.7%.
Prices of food products grew 5.35% and those of non-food products rose by 0.68% in June. Services cost increased by 2.78%. On a monthly basis, consumer prices rose marginally, by 0.08% in June.
Another report from the Bucharest-based statistical office show that the country’s trade deficit decreased to EUR 1.25 billion in May from EUR 1.48 bln in the same month last year. In April, the trade deficit was EUR 1.63 billion.
Exports declined 40.1% y.o.y. in May, following a 47% decrease in April. Imports fell 35.4% annually in May, following the 34% decline in the prior month, INS said on July 10.
ÁKK Sells HUF 50 bln of Bonds at Auction, Over Plan
Hungary to Address Future of Cohesion Policy During EU Presi...
2/3 of Hungarians Have Basic Expectation of Home Office
Time Out Market to Open in Budapest Next Year
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.
