Romania's August inflation rate fell to 5.1%, with food, non-food goods and services prices rising; central bank cut interest rates twice due to improved inflation forecasts (4% for the year).
Romania's inflation rate fell to 5.1% in August 2024, down from 5.42% in July, but remains higher than June's 4.9%. The National Institute of Statistics reported that food prices rose by 4.25%, while non-food goods increased by 4.35%, and services by 8.6%. The central bank has cut interest rates twice in August, reflecting improved inflation forecasts, now projected at 4% for the year.
September 11, 2024
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