Romania’s annual inflation up to -1.7 pct after consumer prices increase by 0.26 in September

Romania’s annual inflation rate stood at -1.7 percent in September, the same level as in July and dropping from 1.9 percent in August, according to data released today by the National Institute of Statistics. Overall, consumer goods prices were up by 0.26 percentage points in September against the previous month.

The consumer price index was up by 0.90 percent in September against August and down by 6.5 percent against September 2014. The same index for non-food products was 0.15 percent lower in September against August and up by 1.42 percent against September 2014. In the case of services, the index was up by 0.13 percent against the previous month and up by 1.99 against the same month last year.

In food products category potatoes posted the highest monthly price increase (21.3 percent), followed by other vegetables and canned vegetables (7.9 percent) and eggs (4.14 percent). By contrast, the highest price drops were reported by fresh fruit (-1.8 percent).

In the non-food category, furniture posted the highest price increase (0.5 percent) while fuel prices dropped by 1.36 percent.

Simona Bazavan

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