Food prices grew 2.7%, service prices climbed 2.9%, while prices of non-food items were 7.9% higher in August 2021 compared with August 2020.
The highest price increases in August 2021 compared with August 2020 were recorded by electricity (+24.6%), natural gas (+20.5%) and fuel (+14.1%). The highest food prices were recorded by edible oil (21.2%), fish (+6.1), cheese (5.2%) and bread (4.8%).
Instead, plane ticket prices fell by 13.1% and potato prices by 31.3%.
The inflation rate since the beginning of the year (August 2021 compared to December 2020) is 4.7%.
The average consumer price rate over the last 12 months (September 2020-August 2021) as compared to the previous 12 months (September 2019-August 2020) is 3.3%.
The Harmonised Index of Consumer Prices (HICP) in August 2021 compared to July 2021 is 100.18%. The HICP-based annual inflation rate in August 2021 compared to August 2020 is 4%. The HICP-based average consumer price rate over the last 12 months (September 2020-August 2021) as compared to the previous 12 months (September 2019-August 2020) is 2.6%.
In early August 2021, Romania’s central bank raised the inflation forecast to 5.6% for the end of 2021, from a previous estimate of 4.1%, and to 3.4% for December 2022.