Romania’s inflation reaches EU rate of 0.3 pct in August

Newsroom 16/09/2016 | 10:26

The inflation rate in Romania climbed from a negative 0.3 percent in July to a positive 0.3 percent in August, similar to the level registered in the European Union, according to Eurostat, the statistics office of the EU.

In August, negative annual rates were observed in twelve member states. The lowest annual rates were registered in Croatia (-1.5 percent), Bulgaria (-1.1 percent) and Slovakia (-0.8 percent). The highest annual rates were recorded in Belgium (2.0 percent), Sweden (1.2 percent) and Estonia (1.1 percent). Compared with the previous month, annual inflation fell in seven member states, remained stable in six and rose in fifteen.

The National Bank of Romania (BNR) estimates a negative inflation rate of 0.4 percent for the country at the end of this year.

The Euro zone inflation stood at 0.2 percent in August, stable compared to the previous month.

Ovidiu Posirca

Join the discussions about Romania’s economic outlook and strategy for the future at the Foreign Investors Summit 2016 – Where Romania means business – November 1-3, Bucharest.

BR Magazine | Latest Issue

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

The December 2022 issue of Business Review Magazine is now available in digital format, featuring the main cover story titled “Xclusiverse: Going Beyond the Traditional Ways of Doing Business.”
Newsroom | 19/12/2022 | 18:45

    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
    I agree with the storage and handling of my data by
    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