logo
  

Romania Inflation Rises More Than Forecast

Romania's consumer price inflation accelerated more-than-expected in August, data from the National Institute of Statistics showed on Monday.

Consumer price inflation rose to 15.3 percent in August from 15.0 percent in July. Economists had forecast inflation to increase marginally to 15.1 percent.

Prices for food goods increased 18.22 percent annually in August and those for non-food goods gained 15.98 percent. Prices for services grew 8.26 percent.

On a monthly basis, consumer prices moved up 0.6 percent in August.

The EU measure of harmonized index of consumer prices climbed 13.3 percent annually in August, faster than the 13.0 percent rise in the previous month.

For comments and feedback contact: editorial@rttnews.com

Economic News

What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.

All eyes were on the U.S. Federal Reserve this week as the bank announced its latest policy decision. Find out the signals given out by Chair Jerome Powell regarding the future path of interest rates. Some key data on the U.S. private sector economy were also released. Other main news included the flash estimates of first quarter GDP from Eurozone. Elsewhere, the Paris-based think tank OECD released its latest round of macroeconomic projections for the global economy.

View More Videos
Follow RTT