Annual inflation rate almost flat in May for Romania
Potatoes and fresh fruits were more expensive in May, by 12.7 and 4.9 percent respectively month-on-month, while eggs were 19.6 percent cheaper.
Non-food products saw prices up 0.21 percent month-on-month, higher for oil and gas – 0.73 percent and for spare parts – 0.52 percent. Prices of services were up 0.53 percent.
The average monthly inflation rate in the first five months of 2012 was of 0.3 percent, compared to 0.6 percent month-on-month during the same period of 2011.
Romania is targeting inflation of 3.2 percent in 2012 and 3 percent in 2013.
editor@romania-insider.com