Premium
The annual inflation rate rose to 4.1 pct, in July this year, from 3.84 pct in June, due to the 15-percent price hike in food commodities, in services by 4.11 percent and non-food goods by 3.44 pct, according to data from the National Institute of Statistics (INS) published on Monday.
In July compared to the previous month, consumer prices fell slightly, by 0.2 pct, given that the price of food products decreased by 0.66 pct, of non-food goods by 0.02 pct and services were more expensive by 0.1 pct.
The Governor of the National Bank of Romania, Mugur Isarescu, announced last week that the central bank kept the inflation forecast at 4.2 pct for the end of this year and estimates an inflation of 3.4 pct for the end of next year. BNR estimated in May 2019 an inflation of 3.3 pct for December 2020.
