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Financial News: Romania Inflation Eases In July

Romania Inflation Eases In July

08/10/2018 - 09:16:00 (RTTNews)

(RTTNews) - Romania's consumer price inflation eased in July after remaining stable in the previous month, figures from the National Institute of Statistics showed Friday.

Consumer prices climbed 4.6 percent year-over-year in July, slower than the 5.4 percent increase in June. The measure has been rising since January last year.

Prices of non-food products grew 6.2 percent annually in July and those of food products rose by 3.4 percent.

On a monthly basis, consumer prices decreased 0.5 percent in July.

In a separate report, the statistical office revealed that industrial production advanced a seasonally adjusted 6.7 percent yearly and by 1.6 percent monthly in June.

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