Romania inflation quickens to 3.16% y/y in Feb, above forecast

  • The median forecast of a Reuters poll of analysts put inflation at 3.1% year-on-year at the end of February.
11 Mar, 2021

BUCHAREST: Romania's consumer price inflation quickened to 3.16% in February from January's 2.99%, slightly above expectations, data from the National Statistics Board showed on Thursday.

The median forecast of a Reuters poll of analysts put inflation at 3.1% year-on-year at the end of February.

Data showed prices rose 0.41% on the month in February, with food prices up 0.46%, non-food prices up 0.47% and services up 0.20%.

The central bank targets inflation at 1.5%-3.5%.

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