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Romania Inflation Accelerates For Second Month

Romania's consumer price inflation accelerated for the second straight month in July, figures from the National Institute of Statistics showed Friday.

The consumer price index rose 1.4 percent year-over-year in July, faster than the 0.9 percent increase in June. The measure has been rising since January.

Grocery prices grew 2.4 percent annually in July and non-food prices climbed by 1.7 percent. Meanwhile, costs for services decreased 0.8 percent.

On a monthly basis, consumer prices went up 0.3 percent at the start of the third quarter.

by RTTNews Staff Writer

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