Food prices grew 5.15% on the year in July, prices of non-food items were 3.4% higher, and service prices grew 4.1%.
Romania’s central bank last week kept its year-end inflation forecast at 4.2% for 2019, but raised its projection for 2020 to 3.4% from a previous forecast of 3.3%
Annual inflation will remain outside the central bank’s target variation band of 1.5%-3.5% throughout the second half of 2019.