By Iulian Ernst in Bucharest Romania’s consumer price inflation (chart) accelerated to 5.4% y/y in July from 4.9% y/y in June, the statistics office announced. The main causes were base effects in the food segment — prices were dropping fast in June-August 2023 amid new regulations enforced by the government — and visible recovery in the energy prices during June and July. These two drivers may remain relevant in August, but the central bank has assured citizens that the disinflation will resume. Independent analysts are more cautious, though. Rising incomes (wages, pensions) on the demand sid…