Consumer prices go up by 0.5 percent this November, annual inflation slightly decreases at 7.7 percent

Newsroom 10/12/2010 | 16:05

Romanian consumer prices went up by 0.52 percent in November compared to the previous month, reveals data released by the National Institute for Statistics (INS) on Friday. According to the same source, the annual inflation slightly decreased to 7.7 percent after hitting a two years high in October (7.9 percent).

The central bank recently revised its forecast for the 2010 inflation to 8.2 percent from an initial 7.8 percent, due to a higher-than-expected negative contribution of the 5 percent kike in VAT this July.

According to the International Monetary Fund, the annual rate could peak slightly above 8 percent in December this year.

Simona Bazavan

BR Magazine | Latest Issue

Download PDF or read online: November 2022 Issue | Business Review Magazine

The November 2022 issue of Business Review Magazine is now available in digital format, featuring the main cover story titled “Samsung Remains Top Consumer Tech Provider on Romanian Market.” Read
Newsroom | 29/11/2022 | 10:17

    You will receive a download link for the latest issue of Business Review Magazine in PDF format, based on the completion of the form below.

    I agree with the Privacy policy of business-review.eu
    I agree with the storage and handling of my data by business-review.eu
    Advertisement Advertisement
    Close ×

    We use cookies for keeping our website reliable and secure, personalising content and ads, providing social media features and to analyse how our website is used.

    Accept & continue