In June, inflation reached 3.94%, while in May it stood at 3.75%.
The highest price increases from one year to another were recorded by non-food items (+7.6%), while food items got 2.3% more expensive and services saw prices go up by 2.7%.
The inflation rate since the beginning of the year (July 2021 compared to December 2020) is 4.4%. The average consumer price rate over the last 12 months (August 2020-July 2021) as compared to the previous 12 months (August 2019-July 2020) is 3.1%.
The biggest prices hikes compared to July 2020 were posted by electricity (25%), gas (20%), fuel (13%), edible oil (18%), fish (5.7%), postal services (5%), cheese (5%), beans, margarine (around 5%), bread (4.5%).
Instead, ticket planes got 23% cheaper and potato prices went down by 31%.
The Harmonised Index of Consumer Prices in July 2021 compared to June 2021 is 100.46%.
The HICP-based annual inflation rate in July 2021 compared to July 2020 is 3.8%.
The HICP-based average consumer price rate over the last 12 months (August 2020-July 2021) as compared to the previous 12 months (August 2019-July 2020) is 2.5%.
Romania’s central bank has significantly revised its inflation forecast to 5.6% at the end of 2021, instead of the 4.1% estimated in May and to 3.4% in December 2022, 0.4% more.
(English version by Catalina Apostoiu)