By bne IntelliNews Consumer price inflation in Romania increased to 16.8% y/y in November from 15.4% y/y in October, partly on base effects generated by the energy price cap introduced by the government a year earlier. But while analysts expected inflation to reverse the small decrease seen in the month before (-0.56pp) in November, the magnitude of the move (+1.25pp) was at the upper end of the expectation band. “Price pressures in the service sector are becoming more prominent and could nudge the central bank into another 25bp hike to 7.00% in January,” ING Romania said in . ING expects infl…