Romania Insider
Romania’s annual inflation eases to 3.6% in January

The annual inflation rate in Romania fell to 3.6% in January from 4% in December, in line with the projections of Romania’s National Bank (BNR) that indicate the inflation rate going down to 2.8% in March to later rise slightly to 3.0% at the end of the year and 3.2% one year later.

In January 2020, food prices were 4.75% higher compared to the same month of 2019, while the prices of non-food goods were up by 2.68%, and the average fees paid for services increased by 4%, according to the data from the statistics office INS.

Compared to December 2019, the consumer prices increased by 0.4% on average in the first month of 2020.

The steepest price increases occurred in January for airline tickets, which were 50% more expensive compared to December 2019, followed by vegetables (+3%) and fresh fruits (+2.8%).

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(Photo source: Shutterstock)

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For a decade, Romania Insider has been your platform of choice for reliable information on all things Romania. We have always been proud of our ability to bring you bias-free reporting but this hasn't always been easy. We have been thinking about making some changes and can't imagine doing this without your feedback.
For this, we would appreciate it very much if we could borrow 2 minutes of your day to fill out this survey. 
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Romania Insider
Romania’s annual inflation eases to 3.6% in January

The annual inflation rate in Romania fell to 3.6% in January from 4% in December, in line with the projections of Romania’s National Bank (BNR) that indicate the inflation rate going down to 2.8% in March to later rise slightly to 3.0% at the end of the year and 3.2% one year later.

In January 2020, food prices were 4.75% higher compared to the same month of 2019, while the prices of non-food goods were up by 2.68%, and the average fees paid for services increased by 4%, according to the data from the statistics office INS.

Compared to December 2019, the consumer prices increased by 0.4% on average in the first month of 2020.

The steepest price increases occurred in January for airline tickets, which were 50% more expensive compared to December 2019, followed by vegetables (+3%) and fresh fruits (+2.8%).

[email protected]

(Photo source: Shutterstock)

Normal

For a decade, Romania Insider has been your platform of choice for reliable information on all things Romania. We have always been proud of our ability to bring you bias-free reporting but this hasn't always been easy. We have been thinking about making some changes and can't imagine doing this without your feedback.
For this, we would appreciate it very much if we could borrow 2 minutes of your day to fill out this survey. 
Thank you for reading Romania Insider!  

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