Romania keeps first place in EUaa‚¬a„¢s annual inflation top

For the third consecutive month, Romania posted the highest annual inflation in the EU in October (7.9 percent), while the EU average was 2.3 percent, announces Eurostat.

In October 2010, the lowest annual rates were observed in Ireland (-0.8 percent), Latvia (0.9 percent) and Slovakia (1.0 percent), and the highest in Romania (7.9 percent), Greece (5.2 percent) and Estonia (4.5 percent). “Compared with September 2010, annual inflation rose in fifteen Member States, remained stable in six and fell in five”, reads the Eurostat report.

EU’s annual inflation amounted to 2.3 percent in October 2010, up from 2.2 percent in September. A year earlier the rate was 0.5 percent while monthly inflation was 0.3 percent last month.

Simona Bazavan

Read more about

Elena Jianu, Eltra Logis, takes the spotlight at Real Estate & Construction Forum & Awards 2024

read more