Romania’s national inflation rate up in February, consumer prices gain 0.2 pct

Georgiana Bendre 10/03/2017 | 12:11

Romania’s national inflation rate continued to increase in February, with the consumer prices going up by 0.2 percent, compared with February 2016, due to increase in the food products by 1.43 percent, according to the data published on Friday by the National Institute of Statistics (INS).

„In February 2017, the share of merchandise and services that registered a drop in prices, compared with February 2016, is 24.4 percent, while those which had increases between 0-2.5 percent have a share of 57 percent. The products and services whose prices went up by more than 2.5 percent have a share of 18.6 percent,” according to a release of INS sent to Agerpres.

The average increase in consumer prices in the last 12 months (March 2016-February 2017) compared with the previous 12 months (March 2015-February 2016), based on consumer price index is 1.1 percent. Based on the harmonized index of consumer prices, the average rate is 0.7 percent.

The National Bank of Romania (BNR) estimates an inflation of 0.2 percent at the end of March, with  pontenial movements of +/-0.5 percent, according to the data of the institution.

BR Magazine | Latest Issue

Download PDF: Business Review Magazine April 2024 Issue

The April 2024 issue of Business Review Magazine is now available in digital format, featuring the main cover story titled “Caring for People and for the Planet”. To download the magazine in
Georgiana Bendre | 12/04/2024 | 17:28
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