Romanian Deflation Deepens for Fifth Month on Food, Energy Cost

  • Prices fell 3.5% matching estimates of 12 economists in survey
  • Central bank sees 2016 inflation at 0.6%, 2017 at 2.7%

Romania’s first bout of deflation since the fall of communism deepened for a fifth consecutive month as food and energy prices dropped after two rounds of tax cuts.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.