In December, Romania's consumer price inflation held steady, following increases in the preceding months, according to data released by the National Institute of Statistics on Tuesday. The Consumer Price Index (CPI) saw a year-on-year rise of 5.1 percent in December, maintaining the same rate observed in November.
Food product prices experienced a 5.09 percent increase compared to the previous year, while non-food goods saw a 4.38 percent rise. Service costs were notably higher, with a 7.1 percent increase.
On a month-on-month basis, consumer prices edged up by 0.3 percent in December. The National Institute also reported an average annual inflation rate of 5.6 percent for 2024.
The material has been provided by InstaForex Company - www.instaforex.com
Food product prices experienced a 5.09 percent increase compared to the previous year, while non-food goods saw a 4.38 percent rise. Service costs were notably higher, with a 7.1 percent increase.
On a month-on-month basis, consumer prices edged up by 0.3 percent in December. The National Institute also reported an average annual inflation rate of 5.6 percent for 2024.
The material has been provided by InstaForex Company - www.instaforex.com