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FX.co ★ Romania Inflation Rises In May

Romania Inflation Rises In May

Romania's consumer price inflation rose in May, data from the National Institute of Statistics showed on Friday.

The consumer price index rose 3.8 percent year-on-year in May, following a 3.2 percent increase in April. Economists had expected a 3.5 percent rise.

Prices of non-food products grew 5.7 percent and those of food products rose by 1.52 percent in May. Services cost increased by 2.78 percent.

On a monthly basis, consumer prices rose 0.53 percent in May.

The EU measure of harmonized index of consumer prices, or HICP increased 3.2 percent yearly in May and rose 0.56 percent a month ago.

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