food prices

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 will approach 12% in the first quarter of the year, according to the Inflation Report, published on Friday by the National Bank. Inflationary pressures on the energy segment will also continue (including in the case of fuels,…

The annual inflation rate climbed up 4 percent in December 2019, from 3.8 percent in November, as food prices increased by 5.08 percent and non-food prices by 3.31 percent, while the price of services registered an advance of 4.16 percent,…

In 2018, the price level of a comparable basket of food and non-alcoholic beverages across the European Union (EU) was twice as high in the most expensive Member State than in the cheapest one. Denmark had the highest price level for food…

The consumer prices grew by 0.61% in April 2019 against the previous month and by 2.75% at the end of last year (December 2018), whereas the annual inflation rate climbed to 4.1%, given the increase of food prices by 4.98%, of non-food…

Denmark (139 percent of the EU average) had the highest price level, followed by Ireland (125 percent), Luxembourg and Sweden (both 124 percent), Finland and the United Kingdom (both 121 percent). At the opposite end of the scale, the…

The average net salary of a Romanian is about two times lower than in the Czech Republic and Poland and five times lower than in Germany, by contrast the ratio of food prices is much lower. Now, the average salary is about EUR 440, the…

ING financial group downgraded the inflation forecast for 2016 and 2017, anticipating that the annual inflation rate will remain negative until next year. At the same time, analysts estimate that, if the draft law requiring the…

The consumer prices rose by 0.3% in November as compared to the previous month, so the annual rate has reached 1.1%, according to data announced on Thursday by the National Statistics Institute (INS). Non-food prices increased against the…

ING reduced its inflation estimation for Romania for the next two years: by 0.2 percentage points to 0.7 percent - 2015 and 1.2 percent – 2016, respectively. As regards, bank’s forecast for 2017 was raised by 0.6 points, to 2, 7 percent,…