Romania's September Annual Inflation, Highest In EU

Romania posted the highest inflation in the European Union for the second consecutive month in September, while the EU average rate accelerated to 2.2%, from 2% in August, official data showed Friday.

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A year earlier, the EU inflation was 0.3%, EU's statistics office Eurostat said.

Romanian annual inflation reached 7.7% in September, followed by Greece (5.7%) and Estonia (3.8%), while the lowest annual rates were observed in Ireland (-1%), Latvia (0.3%) and Slovakia (1.1%).

The lowest 12-month averages up to September were registered in Ireland (-2.1%), Latvia (-1.9%) and Slovakia (0.4%) and the highest in Romania (5.2%), Hungary (4.9%) and Greece (3.9%).

Romanian consumer prices rose 0.6% in September compared with the month earlier. EU's monthly inflation was stable at 0.2%.

Annual inflation in the 16 states that use the euro was 1.8% in September, up from 1.6% in August. A year earlier, eurozone's rate was -0.3%.

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