Annual inflation rate drops to 3.4pct in October 2019

Romania's annual inflation rate slightly decreased to 3.4 percent in October 2019, from 3.5 percent in September, in the context of food stuff prices increasing 4.16 percent and those of non-food goods by 2.57 percent, while the price of services recorded an advance of 4.14 percent, according to the data published by the National Institute of Statistics (INS) on Tuesday.

NSI: The Total Consumer Confidence Indicator Has Increased Over the Last Year

In October 2019, the total consumer confidence indicator increases by 1.1 percentage points in comparison with July, as for the urban population the increase is 1.0 percentage point and for the rural population - 1.6 percentage points, the National Statistical Institute (NSI) reported in a consumer survey.

Average net nominal wage rises to rd 648 euro in Sept 2019

The average net nominal wage stood at 3,082 lei (rd 648 euro) in September this year, up from the previous month by 38 lei (1.2pct) and the highest values were registered in information technology services activities (including activities of IT service activities) - 7,108 lei, according to data published on Thursday by the National Institute of Statistics (INS).

CFA Romania estimates depreciation of national currency over next 12 months, increase of Romania's risk premium

CFA Romania analysts estimate a depreciation of the (national currency) leu in the coming months, an average inflation rate of 3.82 percent in October 2020 and an increase in Romania's risk premium.

NSI: Average Annual Inflation Rate at 2,3% for September 2018 to September 2019

The National Statistics Institute on October 15 reported an increase in the prices of food and some services as at the end of September on an annual basis. On a monthly, there is a reduction.

The average annual inflation rate for the period is at 2.3%. This shows how much the Consumer Price Index has grown from September 2018 to September 2019.

Record Inflation in Venezuela

Venezuela's inflation rate was 3320 percent from January to September this year. The data was announced last night by National Assembly (single chamber parliament) Finance Committee member Alfonso Marquina. 

The country's legislature is controlled by the opposition, TASS reported.