Home Economy Romania Inflation Accelerates Further

Romania Inflation Accelerates Further

by RTTNews Staff Writer

Romania’s consumer price inflation accelerated for the fifth successive month in April amid rising prices for food and non-food goods, data from the National Institute of Statistics showed on Wednesday.

Consumer prices climbed 13.8 percent year-on-year in April, faster than the 10.2 percent rise in March.

Food prices grew 13.5 percent annually in April and those of non-food items surged 16.3 percent. Costs for services registered an increase of 7.1 percent.

On a monthly basis, consumer prices increased 3.7 percent at the start of the first quarter.

The EU measure of harmonized index, or HICP, climbed 11.7 percent yearly in April, following a 9.6 percent rise in March.

As compared to the previous month, the HICP rose 2.4 percent in April.

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