Romania: Positive Inflation Development

Business › Economy ♦ Published: August 13, 2013; 15:06 ♦ (Vindobona)

Inflation dynamics in Romania surprised on the positive side in July.

Romania: Positive Inflation Development / Picture: © Vindobona.org

Inflation dynamics in Romania surprised on the positive side in July, for the second time in a row. Annual inflation rate decelerated to 4.4% yoy from 5.4% yoy in June, coming in below our forecast and market consensus (4.8% yoy).

Drop in volatile prices of fruits and vegetables (-8.7% mom) which supported the fall in food prices (-1.6% mom) was key factor behind contraction in…

or Log In

Fast News Search
Related News
Eurozone: Inflation Remains Stable (August 1, 2013)
EU: Highest Inflation in Romania, lowest in Poland (July 17, 2013)
Eurozone: Inflation Decreased Slightly (April 30, 2013)
EU: Inflation decreased by 1.7 % (April 3, 2013)
EU: Romania and Hungary Have Highest Inflation Rates (January 16, 2013)
Read More
Romania, Inflation, Food Industry, Purchasing Power, Agricultural Industry, RBI Raiffeisen Bank International, Banking Industry
Featured
See latest Vindobona Newsletter