• Romania's inflation and trade balance below estimates - Rttnews

Market news

12 December 2016

Romania's inflation and trade balance below estimates - Rttnews

Romania's consumer prices decreased at a faster-than-expected pace in November, figures from the National Institute of Statistics showed Monday.

The consumer price index fell 0.7 percent year-over-year in November, which was worse than the 0.4 percent drop in October. That was also above the 0.5 percent decline expected by economists.

Foreign trade deficit increased in October from a year ago, as imports grew faster than exports, figures from the National Institute of Statistics showed Monday.

The trade deficit rose to EUR 971 million in October from EUR 873.7 million in the corresponding month last year. In September, the shortfall was EUR 781 million.

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