Romania Inflation Eases In July

Romania’s consumer price inflation eased in July after remaining stable in the previous month, figures from the National Institute of Statistics showed Friday.

Consumer prices climbed 4.6 percent year-over-year in July, slower than the 5.4 percent increase in June. The measure has been rising since January last year.

Prices of non-food products grew 6.2 percent annually in July and those of food products rose by 3.4 percent.

On a monthly basis, consumer prices decreased 0.5 percent in July.

In a separate report, the statistical office revealed that industrial production advanced a seasonally adjusted 6.7 percent yearly and by 1.6 percent monthly in June.

The material has been provided by InstaForex Company – www.instaforex.com

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