Top News

Romania inflation quickens to 6.0 pct y/y in Jan

BUCHAREST: Romania's annual inflation quickened to 6.0 percent year-on-year in January from December's 5.0 percent, dr
Published February 12, 2013

romania-flagBUCHAREST: Romania's annual inflation quickened to 6.0 percent year-on-year in January from December's 5.0 percent, driven by rising electricity prices, data from the National Statistics Board showed on Tuesday.

 

A Reuters poll of 14 analysts expected inflation at 5.4 percent year-on-year in January.

 

Consumer prices rose 1.3 percent on the month. Food and non-food prices were up 1.2 percent and 2.0 percent, respectively, while services fell 0.1 percent from December.

 

The central bank forecasts inflation at 3.5 percent in December.

Copyright Reuters, 2013

Comments

Comments are closed.