Romania’s annual inflation rate reaches 4.95% in December

Consumer prices went up by 0.6 percent in December compared to the previous month, driving the annual inflation rate to 4.95 percent, according to data from the National Institute of Statistics (INS).The National Bank of Romania (BNR) increased in November its inflation target for...
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E-mail article Print Save Additional News in English Još vesti na Srpskom Επιπλέον ειδήσεις στα Ελληνικά Text

Romania’s annual inflation rate reaches 4.95% in December



Simona Bazavan - Business Review - 14.01.2013

Consumer prices went up by 0.6 percent in December compared to the previous month, driving the annual inflation rate to 4.95 percent, according to data from the National Institute of Statistics (INS).

The National Bank of Romania (BNR) increased in November its inflation target for 2012 from 3.2 percent to 5.1 percent and that for 2013 from 3 percent to 3.5 percent. The annual inflation hike in December was generated by price increases for food products (+0.7 percent compared to the previous month) and non-food products (+0.9 percent) while service prices dropped 0.2 percent.

Source: business-review.ro

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