In February, the annual inflation in Romania was 7.2 percent
In February, the annual inflation rate in Romania was 7.2 percent, the National Institute of Statistics (INS) announced on Wednesday.
This represents a decrease of 0.2 percentage points compared to January’s figure of 7.4 percent, but is still higher than December’s 6.7 percent. The Romanian National Bank (BNR) already indicated at the end of 2023 that inflation can be expected to accelerate at the beginning of the year due to the tax increases implemented by the Bucharest government effective January 1.
In February, the average price of food was 4.48 percent higher than a year earlier, and non-food products rose in price by 7.82 percent.
Between March 2022 and February 2023, average inflation was 9.1 percent, the INS said.
Related news
Lidl Reports 9% Sales Growth In Romania, Boosts Organic Sales In Switzerland
Lidl Romania saw strong growth in 2024, reporting over RON…
Read more >REWE’s drugstore chain, BIPA, enters the Romanian market
REWE’s drugstore chain, BIPA, is entering the Romanian market –…
Read more >Nestlé rolls out KitKat chocolate tablets in Romania
Nestlé has launched a new 99g KitKat chocolate tablet line…
Read more >Related news
Viktor Orbán: we will introduce margin reduction for new products as well, if necessary
The margin regulation must be maintained because people must be…
Read more >Healthy meat products rich in fiber and protein have been developed in Debrecen
A new product line consisting of health-promoting, fiber- and protein-rich…
Read more >German retail sales fell month-on-month in April
In Germany, retail sales fell by 1.1 percent in real…
Read more >