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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 goes up to 5.2% in April

The annual inflation rate, which measures the evolution of consumer prices in the last year, reached 5.2% in April, the highest level since June 2013, according to data from the National Statistics Institute (INS).

The inflation rate has been going up every month this year, from 4.32% in January to 4.72% in February and 5% in March.

The prices of food products went up by 4% in April over the same month in 2017, on average, while the prices of non-food products increased by 7.2% year-on-year. Meanwhile, the services got 2.83% more expensive.

Compared to March, the highest price increases were registered in April for fresh fruits – up 2.66%, tobacco and cigarettes – 2.4%, and fuels – 1.63%. When compared to the same month of 2017, the biggest price hikes were reported for fresh fruits – 13.91%, citrus fruits – 11.32% and natural gas – 10.19%.

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

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 goes up to 5.2% in April

The annual inflation rate, which measures the evolution of consumer prices in the last year, reached 5.2% in April, the highest level since June 2013, according to data from the National Statistics Institute (INS).

The inflation rate has been going up every month this year, from 4.32% in January to 4.72% in February and 5% in March.

The prices of food products went up by 4% in April over the same month in 2017, on average, while the prices of non-food products increased by 7.2% year-on-year. Meanwhile, the services got 2.83% more expensive.

Compared to March, the highest price increases were registered in April for fresh fruits – up 2.66%, tobacco and cigarettes – 2.4%, and fuels – 1.63%. When compared to the same month of 2017, the biggest price hikes were reported for fresh fruits – 13.91%, citrus fruits – 11.32% and natural gas – 10.19%.

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

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

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