Get real time updates directly on you device, subscribe now.
The annual inflation rate has slightly decreased to 3.3% in December 2018, down from 3.4% in the previous month, the National Statistics Institute (INS) informs.
Thus, the indicator is below the forecast of the National Bank of Romania (BNR) for 2018, of 3.5%.
In December 2018, as compared to December 2017, the foodstuff prices increased by 3.1%, the prices of non-food goods by 3.75% and of the services by 2.44%, the same source informs.
Gas prices are higher by 16.61% and postal services prices by 21.54%.
The annual rate calculated on the basis of the Harmonized Index of Consumer Prices (HICP) is 3%, according to INS.
The average inflation rate over the previous 12 months (January 2018 – December 2018) over the previous 12 months (January 2017 – December 2017), based on the CPI, is of 4.6%. Determined on the basis of HICP, the average rate is 4.1%.
Although it recorded a significant fall in November this year, from 4.3% in October to 3.4%, the annual inflation rate in Romania remained the highest in the European Union.
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