Romania inflation slows slightly in August
Photo by Nataliia Sokolovska/Shutterstock.com
Romania’s consumer price inflation slowed slightly in August, after accelerating in the previous two months, figures from the Bucharest-based National Institute of Statistics (INS) show.
Photo by Nataliia Sokolovska/Shutterstock.com
The consumer price index (CPI) rose 2.7% year-on-year following a 2.8% climb in July. Food prices increased 5.45% and prices of non-food goods edged up 0.75%. Service costs grew 2.97%.
Compared to the previous month, the CPI was largely unchanged in August. Annual inflation based on the EU measure of the harmonized index of consumer prices (HICP) was steady at 2.5% in August, INS said on September 10.
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.