Annual Inflation Drops Significantly to 6.6% in March
Get real time updates directly on you device, subscribe now.
Annual inflation significantly decreased in March to 6.6%, from 7.2% in February. This was driven by marginal declines in some food prices and slower price increases for other products.
According to the National Institute of Statistics, food prices rose by an average of +0.25% in March compared to February, and by +2.3% since the beginning of the year.
Compared to March 2023, prices are now higher by +2.8% for food, +8% for non-food products, and service tariffs have increased by +10% over the past year.
INS data reveal that in March prices declined as compared to February in such foodstuff as oil, butter, sugar, but there are products and services more expensive in March compared to the previous month, like potatoes, electricity, laundry detergents or plane tickets
DONATE: Support our work
In an ever changing and challenging world, the media is constantly struggling to resist. Romania Journal makes no exception. We’ve been informing you, our readers, for almost 10 years, as extensively as we can, but, as we reject any state funding and private advertising is scarce, we need your help to keep on going.So, if you enjoy our work, you can contribute to endorse the Romania Journal team. Any amount is welcome, no strings attached. Choose to join with one of the following options:
Donate with PayPal
Donate by Bank Wire
Black Zonure SRLUniCredit Bank. Swift: BACXROBU
RON: RO84 BACX 0000 0022 3589 1000
EURO: RO57 BACX 0000 0022 3589 1001
USD: RO30 BACX 0000 0022 3589 1002