Romania: Inflation stable in January
A notable increase in prices for food, and higher prices for non-food items and services drove the result.
Romania's vegetables recorded the biggest increase in prices, while interurban transport recorded the largest decline
Romania's inflation was stable at December’s one-year low of 3.3% in January, thus remaining within the Central Bank’s target range of 1.5%–3.5%.
Meanwhile, Romania's annual average inflation inched down from December’s 4.8% to 4.7% in January.
FocusEconomics Consensus Forecast panelists see inflation averaging 3.2% in 2019, which is unchanged from last month’s forecast.
For 2020, panelists expect average inflation of 3.0%. ■