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Financial News: Romania Inflation Accelerates More Than Expected In Octobe

Romania Inflation Accelerates More Than Expected In October

11/10/2017 - 03:20:00 (RTTNews)

(RTTNews) - Romania's consumer price inflation accelerated at a faster-than-expected rate in October, figures from the National Institute of Statistics showed Friday.

The consumer price index rose 2.6 percent year-over-year in October, faster than the 1.8 percent increase in September. The measure has been rising since January.

Grocery prices grew 3.5 percent annually in October and non-food prices climbed by 3.3 percent. Meanwhile, costs for services decreased 0.3 percent.

On a monthly basis, consumer prices increased 1.3 percent in October.

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