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Romania, Second Cheapest Country in EU in 2024 By Consumer Price Level
Analysis

Romania, Second Cheapest Country in EU in 2024 By Consumer Price Level

Romania in 2024 ranked second lowest in the European Union by the level of prices for consumer goods and services destined to the population, in line with Eurostat data communicated by the country’s statistics board INS.

Cristina Bellu · 27.06.2025 · 11:16 · 1 min
Eurostat: Romania Had Lowest Consumer Prices In Europe In 2021
Macroeconomics

Eurostat: Romania Had Lowest Consumer Prices In Europe In 2021

Romania had the lowest consumer prices in Europe in 2021, with a price level for consumer goods and services of 55.5% of the EU average, according to Eurostat, the statistical office of the...

Ecaterina Craciun · 22.06.2022 · 15:36 · 1 min
Macroeconomics

Romania Annual Inflation at -0.2% in August

Romanian consumer prices increased 0.07% on the month in August, taking the annual rate to -0.2% from an annual rate of -0.8% in July, the country's statistics board said Monday.

Oana Gavrila · 12.09.2016 · 09:42 · 1 min
Macroeconomics

Romania Annual Inflation at -0.8% in July

Romanian consumer prices dropped 0.24% in July compared with June, taking the annual inflation rate to -0.8% from -0.7% in June, the country's statistics board said Wednesday.

Oana Gavrila · 10.08.2016 · 09:33 · 1 min
Macroeconomics

Romania Consumer Prices Extend Decline In July; Annual Inflation At -1.7%

Romanian consumer prices extended their decline in July, after a major cut in the month before provoked by the reduction of the value added tax rate for food products.

Bogdan Neagu · 11.08.2015 · 10:00 · 1 min
Inflation Jumps To 5.33% In September
Macroeconomics

Inflation Jumps To 5.33% In September

Romania’s annual inflation continued to accelerate for a fourth straight month in September as consumers paid by over two percent more for food items, official data showed Wednesday

Neagu Bogdan Mircea · 10.10.2012 · 12:42 · 2 min