Home News Romanian inflation slows more, as industrial production increases

Romanian inflation slows more, as industrial production increases

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Consumer price inflation in Romania decreased for the second month in a row in April, according to preliminary data from the National Institute of Statistics.

Consumer prices increased by 11.2 percent year on year, slower than the 14.5 percent increase seen in March.

In April, food costs jumped 19.84 percent year over year. Non-food prices increased by 5.83 percent, while service costs increased by 10.64 percent.

In April, the consumer price index increased 0.75 percent month on month.

Separate figures from the statistical office revealed that industrial production increased 0.2 percent month on month in March, seasonally and working-day adjusted.

Industrial production declined 3.4 percent year on year in March, according to working-day adjusted data.

In March, manufacturing output increased by 1.1 percent month on month. Utilities output fell 4.1 percent, while mining and quarrying output increased 1.2 percent.


Source: RTT NEWS
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