Financial News: Romanian Inflation Eases To 6.6%

Romanian Inflation Eases To 6.6%

04/11/2024 - 04:25:00 (RTTNews)

(RTTNews) - Romania's consumer price inflation eased for the second straight month in March amid a slowdown in food costs, data from the National Institute of Statistics showed on Thursday.

Inflation based on the consumer price index, or CPI, rose 6.6 percent year-on-year in March, slower than the 7.2 percent increase in the previous month.

Prices for non-food goods grew 2.8 percent from last year, though slower than the 4.48 percent rise in February.

Costs for services were 10.2 percent more expensive, and prices for non-food goods surged 8.1 percent.

On a monthly basis, consumer prices moved up 0.4 percent in March.

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