Large price increases may come in Romania

According to the Bucharest daily newspaper, the Új Magyar Szó; the excise tax increase is one of the main reasons that the price of fuel may increase by 20, electricity by 30 percent in Romania.

The energy price increases can lead to further inflation. According to producers dairy products may increase by 3-8 percent, poultry meat by 20-30 percent. The bread prices may increase by 5-10, while fruit and vegetable prices by 7-10 percent. The National Energy Regulatory Authority (ANRE) President Petru Lificiu denied that there would be significant increase in energy prices next year – reports ProfitLine.hu.