Romanian inflation rises above expectations to 15.52% y/y in February

Kitco Media
By Reuters
Published:
Updated:
Reuters
March 13 (Reuters) - Romania's consumer price inflation rose to 15.52% on the year in February from +15.07% the previous month, exceeding expectations, data from the National Statistics Board showed on Monday. The median forecast of a Reuters poll of analysts put Romanian inflation at 15.30% year-on-year, above the central bank's 1.5%-3.5% target.


Data showed prices rose 0.98% on the month in February, with food prices up 1.85%, non-food prices up 0.45% and services up 0.70%. (Reporting by Antonis Pothitos and Mateusz Rabiega in Gdansk)

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