Romania inflation slows in October
Photo by Albert Zoltan / Shutterstock.com
Romaniaʼs consumer price inflation eased for the third straight month in October, figures from the Bucharest-based National Statistical Institute (INS) showed on Wednesday.
Photo by Albert Zoltan / Shutterstock.com
The consumer price index (CPI) rose 2.24% year-on-year in October, after a 2.50% increase in September. Food prices increased 4.34% and prices of non-food goods rose 0.60%. Service costs grew 2.85%.
On a month-on-month basis, consumer prices rose 0.22% in October. Annual inflation, based on the EU measure of harmonized index of consumer prices (HICP), eased to 1.8% in October from 2.1% in September.
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