In the 12 months ended September 30, the annual rate was at 1.54%.
Food prices rose 0.6% on the month in October, and services prices were 0.2% more expensive, but prices of non-food items were down 0.1% compared with September, the data showed.
Romanians paid by 5.3% more for vegetables in October compared with a month earlier, while egg prices increased 7.5%. In the non-food sector, prices of fuels were down 1.1% on the month, while natural gas was by 0.5% more expensive.
Romania’s harmonized index of consumer prices, or HICP, was slightly down to 1.75% at the end of last month, from 1.8% in September.
The central bank targets an inflation rate of 2.5% in 2014, plus/minus one percentage point around the band, and it sees the year-end inflation at the lower level of the interval.
Last week, the bank cut again its forecast on the inflation rate for this year to 1.5% from 2.2% previously seen. It has also cut the key monetary policy rate by 25 basis points to a record low of 2.75% and reduced the minimum requirement ratio for hard currency deposits to 14% from 16%, while keeping the requirements for leu deposits at 10%.