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Irina Marica
Senior News & Features Writer

Irina holds a BA in Journalism. Her hobbies include reading, dancing, photography and she is passionate about music (especially Icelandic music), writing and Japanese literature. In the past, she has worked as an editor for an indoor-circuit TV station and also collaborated with several newspapers. You can send her press releases or feedback on her articles by e-mailing irina.marica@romania-insider.com

Romania’s annual inflation rate climbs to 5.41% in May

The annual inflation rate, which measures the evolution of consumer prices in the last year, went up to 5.41% in May this year, the highest level since February 2013, according to recent data from the National Statistics Institute (INS).

The inflation rate increased from 4.32% in January 2018 to 5.2% in April and 5.41% in May.

Food prices went up by 3.93% year-on-year in May 2018, on average, while the prices of non-food products increased by 7.75% and the services got 2.72% more expensive.

Compared to December 2017, the biggest price increases were registered for potatoes – up 18.56%, fresh fruits – 18.37%, other vegetables and canned vegetables – 17.47% and natural gas – 10.43%.

Romania’s National Bank (BNR) has increased its annual inflation forecast for the end of this year, from 3.5% per year to 3.6%.

Eurostat: Romania had highest annual inflation rate in the EU in April

Irina Marica, irina.marica@romania-insider.com

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Profile picture for user irina.popescu0
Irina Marica
Senior News & Features Writer

Irina holds a BA in Journalism. Her hobbies include reading, dancing, photography and she is passionate about music (especially Icelandic music), writing and Japanese literature. In the past, she has worked as an editor for an indoor-circuit TV station and also collaborated with several newspapers. You can send her press releases or feedback on her articles by e-mailing irina.marica@romania-insider.com

Romania’s annual inflation rate climbs to 5.41% in May

The annual inflation rate, which measures the evolution of consumer prices in the last year, went up to 5.41% in May this year, the highest level since February 2013, according to recent data from the National Statistics Institute (INS).

The inflation rate increased from 4.32% in January 2018 to 5.2% in April and 5.41% in May.

Food prices went up by 3.93% year-on-year in May 2018, on average, while the prices of non-food products increased by 7.75% and the services got 2.72% more expensive.

Compared to December 2017, the biggest price increases were registered for potatoes – up 18.56%, fresh fruits – 18.37%, other vegetables and canned vegetables – 17.47% and natural gas – 10.43%.

Romania’s National Bank (BNR) has increased its annual inflation forecast for the end of this year, from 3.5% per year to 3.6%.

Eurostat: Romania had highest annual inflation rate in the EU in April

Irina Marica, irina.marica@romania-insider.com

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