In Romania, inflation slowed to 11.2 percent in April

By: Trademagazin Date: 2023. 05. 12. 11:14

Annual inflation in Romania slowed down by more than three percentage points to 11.2 percent in April, the National Institute of Statistics (INS) announced on Friday. In March, Romanian inflation was still 14.5 percent.

In an annual comparison, food prices increased the most, by an average of 19.84 percent, while non-food products went up by 5.83 percent and services by 10.64 percent.

Compared to last April, the price of sugar rose the most, by 58 percent. Butter went up by 38 percent more than last year, potatoes by 34, butter by 35, margarine by 32, eggs by 31, and fresh milk by 28 percent in one year.

In the INS report, two product categories can be found where price reductions can be seen: medicines cost an average of 3 percent less, while fuel costs 3.9 percent less than in April 2022.

The increase in consumer prices did not stop, but compared to March, the INS measured an average price increase of only 0.75 percent. Compared to last December, the consumer price index in Romania rose by 3.1 percent.
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