Romania: Inflation recedes to an eight-month low in September
Consumer prices rose 0.1% month-on-month in September, matching August’s result. Higher prices for non-food goods were offset by lower prices for food, which declined for a fourth consecutive month in September.
Inflation fell to 3.5% in September (August: 3.9%), marking an eight-month low and landing on the upper bound of the Central Bank’s 1.5%–3.5% target range. Meanwhile, annual average inflation ticked down to 3.8%, from 3.9% in August.