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Romania's consumer price inflation quickens to 8.2% in December

Romania's consumer price inflation quickens to 8.2% in December Source: INS

BUCHAREST (Romania), January 14 (SeeNews) - Romania's consumer prices rose by 8.19% year-on-year in December, compared to an increase of 7.80% in November, the national statistical office, INS, said on Friday.

Food prices rose 6.69% year-on-year in December, while non-food prices added 10.73%, INS said in a statement.

Prices of services grew by 4.49%.

On a monthly comparison basis, Romania's consumer price index (CPI) rose 0.71% in December, as food prices were 0.84% higher, non-food prices rose by 0.74% and prices of services were 0.42% higher.

The average consumer price inflation over the last 12 months was 5.1%, compared to the previous 12 months.

On January 10, Romania's central bank decided to increase its monetary policy rate to 2.00% from 1.75% - the third rate hike since May 2018.

(1 euro=4.9435 lei)

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