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    BUCHAREST, (16 nov 2010)

    Romania's October Annual Inflation, Highest In EU

    Romania posted the highest inflation in the European Union for the third consecutive month in October, while the EU average rate accelerated to 2.3%, from 2.2% in September, official data showed Tuesday.

    Romania's October Annual Inflation, Highest In EU

    A year earlier, the EU inflation was 0.5%, EU's statistics office Eurostat said.

    Romanian annual inflation reached 7.9% in October, followed by Greece (5.2%) and Estonia (4.5%), while the lowest annual rates were observed in Ireland (-0.8%), Latvia (0.9%) and Slovakia (1%).

    The lowest 12-month averages up to September were registered in Ireland (-1.9%), Latvia (-1.8%) and Slovakia (0.5%) and the highest in Romania (5.5%), Hungary (4.9%) and Greece (4.3%).

    Romanian consumer prices were steady at 0.6% in October compared with the month earlier. EU's monthly inflation was 0.3%.

    Annual inflation in the 16 states that use the euro was 1.9% in October, up from 1.8% in September. A year earlier, eurozone's rate was -0.1%.



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