Romania posts highest EU inflation for sixth consecutive month this June

Newsroom 16/07/2013 | 10:50

Romania reported a 4.5 percent annual inflation rate this June, the highest level in the EU for the sixth consecutive month, according to data from Eurostat, the statistical office of the European Union. It came ahead of Estonia (4.1 percent) and the Netherlands (3.2 percent) while the lowest levels were reported in Greece (-0.3 percent), Latvia and Poland (both 0.2 percent).

Overall,  Euro area annual inflation was 1.6 percent in June 2013, up from 1.4 percent the previous month. In June 2012 the rate was 2.4 percent . EU annual inflation was 1.7 percent in June 2013, up from 1.6 percent in May. A year earlier the rate was 2.5 percent.

“The largest upward impacts to euro area annual inflation came from vegetables (+0.11 percentage points), fruit and electricity (+0.09 each), while telecommunications (-0.20), fuels for transport (-0.11) and medical & paramedical services (-0.08) had the biggest downward impacts,”, according to Eurostat.

Simona Bazavan

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