Are you sure?

Romania inflation slows in February

Romania’s consumer price inflation slowed in February, figures from the National Institute of Statistics (INS) show. The consumer price index (CPI) climbed 3.05% year-on-year in February, following a 3.6% rise in January. 

Photo by Den Rise/Shutterstock.com

Prices for food products grew 4.09% annually in February and those of services and non-food products costs rose by 3.84% and 2.04%, respectively. On a monthly basis, consumer prices rose 0.25% in February.

Separate data from the Bucharest-based statistics institute showed that the country’s trade deficit increased to EUR 1.323 billion in January from EUR 1.273 billion in the same month last year.

Exports rose 3.3% annually in January while imports increased 3.4%, INS said on March 11.