Romania's consumer price inflation accelerated further in April to the highest level in just over three years, data from the National Institute of Statistics showed on Friday.
The consumer price index, or CPI, rose at a faster pace of 10.9 percent year-on-year in April, after a 10.7 percent increase in March. Moreover, this was the highest inflation rate since April 2023, when prices rose 11.2 percent.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.