According to rttnews, Romania’s consumer prices decreased at a faster-than-expected pace in September, figures from the National Institute of Statistics showed Tuesday.

The consumer price index dropped 0.6 percent year-over-year in September, following a 0.2 percent fall in August. It was forecast to decline at a stable pace of 0.2 percent.

Prices of non-food products fell 1.1 percent annually in September and costs for services by 1.2 percent. A the same time, grocery prices rose 0.5 percent.

On a monthly basis, consumer prices edged down 0.1 percent in September, defying economists’ expectations for an increase of 0.3 percent.

The post Romanian CPI inflation declines more than expected appeared first on forex-analytics.press.