Romania reports deflation for the first time in two years

Newsroom 11/07/2011 | 19:33

Annual inflation has decreased this June to 7.93 against 8.41 percent the previous month, according to data coming from the National Statistics Institute (INS). It is for the first time in the past two years when Romania has reported deflation, the consumer price index going down by 0.3 percent in June compared to May.  

Overall, food products decreased by 1.34 percent in June compared to May while non-food products went up by 0.19 percent. The most considerable price decreases were reported by vegetables and canned vegetables (-11.08 percent), especially potatoes (-11.94 percent) and citruses and exotic fruit (-2.32 percent).

Simona Bazavan

BR Magazine | Latest Issue

Download PDF: Business Review Magazine November 2023 Issue

The November 2023 issue of Business Review Magazine is now available in digital format, featuring the main cover story titled “Mastercard On a Mission to Build an Inclusive Digital Economy”. To
Newsroom | 27/11/2023 | 17:41
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