Romanian inflation highest in EU
October 2010 - From the Print Edition
Romania’s annual inflation rate registered in August 2010 the highest in the EU, according to EU statistics agency Eurostat. In August Romania had a 7.6 per cent annual inflation rate, while the average EU inflation rate stood at two per cent. In the Eurozone the inflation rate fell from 1.7 per cent in July to 1.6 per cent in August. Romania, Greece with a 5.6 per cent inflation and Hungary with a 3.6 inflation rate were the states with the highest rate in the EU. At the bottom were Ireland with a deflation of 1.2 per cent and Latvia with a deflation of 0.4 per cent.
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