Romanian inflation rises below expectations to 11.23% y/y in April

Kitco Media
By Reuters
Published:
Updated:
Reuters
May 12 (Reuters) - Romania's consumer price inflation rose to +11.23% on the year in April from +14.53% the previous month, below expectations, data from the National Statistics Board showed on Friday. The median forecast of a Reuters poll of analysts put Romanian inflation at 11.50% year-on-year, above the central bank's 1.5%-3.5% target.


Data showed prices rose 0.75% on the month in April, with food prices up 1.10%, non-food prices up 0.48% and services up 0.77%. (Reporting by Patrycja Zaras and Antonis Triantafyllou in Gdansk)

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