Romanian inflation at 8.16% y/y in July, above expectations
Romania’s consumer price inflation fell to 8.16% on the year in July from 10.42% the previous month, above expectations, data from the National Statistics Board showed on Wednesday. The median forecast of a Reuters poll of analysts put Romanian inflation at 7.90% year-on-year, above the central bank’s 1.5%-3.5% target. India’s retail inflation accelerates to 4.38%, raising rate hike expectations…
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