Food prices grew 2.1%, service prices climbed 2.6%, while prices of non-food items were 5.7% higher in June 2021 compared with June 2020.
The highest price increases from one year to another were recorded by electricity (+17%), edible oil (16%), fuel (11%), tobacco (7%), while nearly 5% prices increases were recorded by fish, sheep’s cheese and mail services.
Instead, plane ticket prices fell by 14%, natural gas prices by 2%, potato prices by 23%, fruit and canned fruit by 6%.
The inflation rate since the beginning of the year (June 2021 compared to December 2020) is 3.4%.
The average consumer price rate over the last 12 months (July 2020-June 2021) as compared to the previous 12 months (July 2019-June 2020) is 2.9%.
The Harmonised Index of Consumer Prices (HICP) in June 2021 compared to May 2021 is 100.24%. The HICP-based annual inflation rate in June 2021 compared to June 2020 is 3.5%. The HICP-based average consumer price rate over the last 12 months (July 2020-June 2021) as compared to the previous 12 months (July 2019-June 2020) is 2.4%.
Romania’s central bank raised the inflation forecast to 4.1% at the end of 2021 from a previously expected 3.4. Also, inflation is expected to return to a downward path and reach 3% at the end of 2022.