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Financial News: Romania Inflation Increases In August

Romania Inflation Increases In August

09/10/2021 - 03:26:00 (RTTNews)

(RTTNews) - Romania's consumer price inflation rose in August, data from the National Institute of Statistics showed on Friday.

The consumer price index rose 5.3 percent year-on-year in August, following a 5.0 percent increase in July. Economists had expected a 5.2 percent rise.

Prices of non-food products grew 7.92 percent and those of food products rose by 2.95 percent in August. Services cost increased by 2.97 percent.

On a monthly basis, consumer prices rose 0.24 percent in August.

The EU measure of harmonized index of consumer prices, or HICP increased 4.0 percent yearly in August and rose 0.18 percent a month ago.

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