Romania's inflation rate hits 5-year record high of 5.2 per cent in April
Romania's annual inflation rate rose to 5.2 per cent in April, a new record level since June 2013, energy prices increases having a large contribution to the evolution of consumer prices, National Institute of Statistics (INS) data show. 2018-05-14 11:30:06
This was the biggest annual inflation rate since June 2013, when the inflation stood at 5.4 per cent, according to Business Review.
Compared with the same month of last year, the prices of food products rose by 4 per cent on average, while non-food products increased by 7.2 per cent. The prices of services went up by 2.8 per cent.
Compared with March, the biggest price increases were recorded for natural gas (4.3 per cent), fresh fruits (2.7 per cent), tobacco products (2.4 per cent) and fuels (1.6 per cent).
The price of natural gas for households rose by 10.2 per cent compared to December 2017. The central bank has an inflation estimate of 3.6 per cent for December 2018.
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