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Romanian CPI inflation declines more than expected
According to rttnews, Romania's consumer prices decreased at a faster-than-expected pace in September, figures from the National Institute of Statistics showed Tuesday.
The consumer price index dropped 0.6 percent year-over-year in September, following a 0.2 percent fall in August. It was forecast to decline at a stable pace of 0.2 percent.
Prices of non-food products fell 1.1 percent annually in September and costs for services by 1.2 percent. A the same time, grocery prices rose 0.5 percent.
On a monthly basis, consumer prices edged down 0.1 percent in September, defying economists' expectations for an increase of 0.3 percent.
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