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Romania’s annual inflation rate in June increased to 3.9%

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Romania’s National Institute of Statistics (INS) announced on Tuesday that Romania’s annual inflation rate increased to 3.9% in June 2021 from 3.8% in the previous month.

Prices for non-food goods increased 5.71%, food products 2.17% and service prices 1.59%, according to a press release.

Consumer prices were up 0.3% in June 2021 from May 2021 and the inflation rate in June 2021 compared to December 2020 was 3.4%.

The average consumer price rate (CPI) over the last 12 months (July 2020-June 2021) as compared to the previous 12 months (July 2019-June 2020) was 2.9%.

According to the INS, the Harmonized Index of Consumer Prices (HICP) in June 2021 compared to May 2021 was 100.24%.

The June 2021 HICP annual inflation rate is 3.5% and the average consumer price rate over the last 12 months (July 2020 – June 2021) compared to the previous 12 months (July 2019 – June 2020) is 2.4%.

The Quarterly Inflation Report published by the National Bank of Romania, the annual CPI inflation rate will be markedly up in the coming months and will reach 4.1% in December, according to Agerpes.